Miss. Const. art. 7, § 178
- Constitution
- Constitution of Mississippi
- Text as of
- October 2026
What does this section say?
Corporations shall be formed under general laws only. The Legislature shall have power to alter, amend or repeal any charter of incorporation now existing and revocable, and any that may hereafter be created, whenever, in its opinion, it may be for the public interest to do so. Provided, however, that no injustice shall be done to the stockholders. SOURCES: Laws 1987, ch. 690, effective December 4, 1987. NOTE: The insertion of Section 178 was proposed by Laws 1987, ch. 690, Senate Concurrent Resolution No. 549, and upon ratification by the electorate on November 3, 1987, was inserted by proclamation of the Secretary of State on December 4, 1987.
The text is copied from the official source: www.sos.state.ms.us. This is the stored text for research. It is not legal advice; check the official source before you rely on it.