(1) Only a qualified person may be appointed a proxy to vote the membership interest of a professional limited liability company.(2) A voting trust with respect to membership interests of a professional limited liability company is not valid unless all of its trustees and beneficiaries are qualified persons. If a beneficiary who is a qualified person dies or becomes disqualified, a voting trust valid under this subsection continues to be valid for ten (10) months after the date of death or for five (5) months after the disqualification occurred. Laws, 2010, ch. 532, § 1, eff. 1/1/2011.
Mississippi Legal Code