Number of shareholders
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Law
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Mississippi Code
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Corporations, Associations, and Partnerships
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Mississippi Business Corporation Act
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General Provisions
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Secretary of State
- Number of shareholders
For purposes of Sections 79-4-1.01 et seq., the following identified as a shareholder in a corporation's current record of shareholders constitutes one (1) shareholder:
- Three (3) or fewer co-owners;
- A corporation, partnership, trust, estate or other entity;
- The trustees, guardians, custodians or other fiduciaries of a single trust, estate or account.
For purposes of Sections 79-4-1.01 et seq., shareholdings registered in substantially similar names constitute one (1) shareholder if it is reasonable to believe that the names represent the same person.
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