Miss. Code § 81-27-6.301

Current through the 2024 Regular Session
Section 81-27-6.301 - Filing of notice of full liability
(a) A limited liability trust company shall file with the commissioner a copy of any participation agreement by which a participant of the limited liability trust company agrees to become a full liability participant and the name and address of each full liability participant. Solely that portion of the filed copy containing the designation of each full liability participant shall be a public record.
(b) The commissioner may require a complete copy of the participation agreement to be filed with the department, regardless of whether the state trust company has a full liability participant, except that the provisions of the participation agreement other than those by which a participant of the limited liability trust company agrees to become a full liability participant are confidential and subject to release only as provided by Subarticle B of Article 2 of this chapter.

Miss. Code § 81-27-6.301

Laws, 1998, ch. 437, § 1, eff. 7/1/1998.