2013 Mississippi Code
Title 75 - REGULATION OF TRADE, COMMERCE AND INVESTMENTS
Chapter 67 - LOANS
Article 5 - SMALL LOAN PRIVILEGE TAX LAW
§ 75-67-209 - Application for license or renewal license


MS Code § 75-67-209 (2013) What's This?

If any person shall desire to engage in the business of lending money in the State of Mississippi, as defined herein, such person shall make a written request to the commissioner for the necessary license application form. The commissioner shall mail or deliver the license application form to the person making the request within ten (10) days after receipt of the request by the commissioner. Such person shall make application in writing to the commissioner for a license therefor prior to engaging in such business, which license application shall be made on the forms prepared and provided by the commissioner and which shall give, in addition to such other information as the commissioner may require, the following:

(a) The full name and address of the applicant;

(b) The municipality, county and street address where the business is to be operated;

(c) Whether or not the applicant is an individual, partnership or corporation;

(d) In the case of an individual, both the business and residence address of the applicant;

(e) In the case of a partnership, the names and business and residence addresses of all partners; and

(f) In the case of a corporation, the domicile thereof and the names and business and residence addresses of each officer and director thereof.

All such applications shall be sworn to by the applicant, or a member of the firm in the case of a partnership, or a duly authorized officer in the case of a corporation, and there shall be presented and filed therewith an affidavit, executed before a notary public or other officer authorized to administer oaths, to the effect that the applicant will conduct his or its business in conformity to and will abide by the provisions of this article, all regulations promulgated hereunder and all other applicable statutes of the State of Mississippi.

For a renewal license, the licensee shall furnish on forms provided by the commissioner information that the business is to be continued for one (1) year; such continuation form shall be signed by the applicant, a member of the firm in the case of a partnership, or a duly authorized officer in the case of a corporation, and shall give such information as the commissioner shall require.

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