Miss. Code Ann. Title 83, Chapter 5, Article 1, the Unfair Practices sections, §§ 83-5-27 to 83-5-51, complete: Unfair Trade Practices
Edition and licensing notes
Publisher. Mississippi Legislature / Joint Committee on Compilation, Revision and Publication, public access edition published by LexisNexis
Status. US state statute; public domain.
What this document is
Miss. Code Ann. Title 83, Chapter 5, Article 1 - Unfair Trade Practices (the Unfair Practices sections, §§ 83-5-27 to 83-5-51, complete) is a state statute published by Mississippi Legislature / Joint Committee on Compilation, Revision and Publication, public access edition published by LexisNexis. It is one of the Mississippi documents that insurance license exam questions are written from, including mississippi life & health, mississippi property & casualty, mississippi personal lines practice questions. This page summarizes it and points to the official version, which is the text to rely on.
Sections cited in practice questions
Each practice answer shows the exact passage it comes from. These are sections of this document that questions cite, with a short excerpt from the source text.
- Miss. Code Ann. § 83-5-41(1) (Cease and desist orders; administrative fine)
“In addition to, or in lieu of, the cease and desist order, the commissioner may, after such hearing, impose an administrative fine not to exceed Five Thousand Dollars ($5,000.00) per violation, which shall be deposited into the special fund in the State Treasury designated as the "Insurance Department Fund."”
- Miss. Code Ann. § 83-5-45(4) (Procedure as to Practices Not Defined; Findings Required to Enjoin)
“If the court finds that the method of competition complained of is unfair or that the act or practice complained of is unfair or deceptive, that the proceeding by the commissioner with respect thereto is to the interest of the public, and that the findings of the commissioner are supported by...”
- Miss. Code Ann. § 83-5-35(c) (Defamation)
“Defamation. Making, publishing, disseminating, or circulating, directly or indirectly, or aiding, abetting, or encouraging the making, publishing, disseminating, or circulating of any oral or written statement or any pamphlet, circular, article, or literature which is false and maliciously critical...”
- Miss. Code Ann. § 83-5-35(h) (Designation of Agent, Solicitor, or Insurer)
“Requiring as a condition precedent to the purchase or the lending of money upon the security of real or personal property that any insurance covering such property or liability arising from the ownership, maintenance, or use thereof, to be procured by or on behalf of the vendee or by borrower in...”
- Miss. Code Ann. § 83-5-35(b) (False Information and Advertising Generally)
“(b) False information and advertising generally. Making, publishing, disseminating, circulating, or placing before the public, or causing, directly or indirectly, to be made, published, disseminated, circulated, or placed before the public, in a newspaper, magazine, or other publication, or in the...”
- Miss. Code Ann. § 83-5-35(d)-(e) (Boycott, Coercion and Intimidation; False Financial Statements)
“(d) Boycott, coercion and intimidation. Entering into any agreement to commit, or by any concerted action committing, any act of boycott, coercion, or intimidation resulting in or tending to result in unreasonable restraint of, or monopoly in, the business of insurance. (e) False financial...”
- Miss. Code Ann. § 83-5-35(a) (Misrepresentations and False Advertising of Policy Contracts)
“The following are hereby defined as unfair methods of competition and unfair and deceptive acts or practices in the business of insurance: (a) Misrepresentations and false advertising of policy contracts. Making, issuing, circulating, or causing to be made, issued, or circulated, any estimate,...”
- Miss. Code Ann. § 83-5-27 (Discrimination through fictitious grouping)
“No stock, mutual, reciprocal, or other insurer shall make available to any resident or group of residents of this state, through any rating plan or form, fire, inland marine, casualty or surety insurance, or type or combination thereof, whether by master policy, series of policies, certificates of...”
- Miss. Code Ann. § 83-5-39(3) (Hearings: informality of the proceeding)
“Nothing contained in Sections 83-5-29 through 83-5-51 shall require the observance at any such hearing of formal rules of pleadings or evidence.”
- Miss. Code Ann. § 83-5-47 (Judicial Review by Intervenor)
“If the report of the commissioner does not charge a violation of Sections 83-5-29 through 83-5-51, then any intervenor in the proceedings may, within ten (10) days after the service of such report, cause a notice of appeal to be filed in the Circuit Court of Hinds County for a review of such...”
- Miss. Code Ann. § 83-5-49 (Penalty for Violating a Cease and Desist Order)
“Any person who willfully violates a cease and desist order of the commissioner under Section 83-5-41, after it has become final, and while such order is in effect, shall, upon proof thereof to the satisfaction of the court, forfeit and pay to the commissioner for the use of the public schools of...”
- Miss. Code Ann. § 83-5-35(f) (Stock Operations and Insurance Company Advisory Board Contracts)
“Stock operations and insurance company advisory board contracts. Issuing or delivering, or permitting agents, officers, or employees to issue or deliver, agency company stock or other capital stock, or benefit certificates or shares in any corporation, or securities, or any special or any insurance...”
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