Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
Section 83-19-79 - "Equity security" defined — Mississippi Law | CourtGPT
  1. Home/
  2. Laws/
  3. Mississippi/
  4. Title 83 - Insurance/
  5. Chapter 19 - Domestic Companies Regulation of Reinsurance (§§ 83-19-151 — 83-19-157)/
  6. General Provisions - /
  7. Section 83-19-79 - "Equity security" defined
Mississippi Legal Code

Section 83-19-79 - "Equity security" defined

Ask AI about this
The term 'equity security' when used in Sections 83-19-79 through 83-19-97 means any stock or similar security; or any security convertible, with or without consideration, into such a security, or carrying any warrant or right to subscribe to or purchase such a security; or any such warrant or right; or any other security which the commissioner of insurance shall deem to be of similar nature and consider necessary or appropriate, by such rules and regulations as he may prescribe in the public interest or for the protection of investors, to treat as an equity security.Codes, 1942, § 5670.7-08; Laws, 1966, ch. 528, § 8, eff. 3/17/1966.