(a) Unless displaced by particular provisions of this chapter, the principles of law and equity supplement this chapter.(b) This chapter does not authorize an act prohibited by, and does not affect the application or requirements of, law other than this chapter.(c) A transaction effected under this chapter may not create or impair a right, duty, or obligation of a person under the statutory law of this state relating to a change in control, takeover, business combination, control-share acquisition, or similar transaction involving a domestic converting or domesticating business corporation unless the corporation survives the transaction, the approval of the plan is by a vote of the shareholders or directors which would be sufficient to create or impair the right, duty, or obligation directly under the law.Added by Laws, 2014, ch. 399, SB 2322, 3, eff. 1/1/2015.
Mississippi Legal Code