105. Engaging in commerce prohibited.

Miss. Code Ann. § 81-27-5.105
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
Except as otherwise provided by this chapter or rules adopted under this chapter, a state trust company may not invest its funds in trade or commerce by buying, selling, or otherwise dealing in goods or by owning or operating a business not part of the state trust business, except as necessary to fulfill a fiduciary obligation to a client.
Source: Public.Resource.Org MS CodeURL: https://unicourt.github.io/cic-code-ms/transforms/ms/ocms/r78/gov.ms.code.title.81.htmlFetched: 6/10/2026

Starting a business in Mississippi? Mississippi LLC guide: costs and requirements