2018 Mississippi Code
Title 79 - Corporations, Associations, and Partnerships
Chapter 29 - Revised Mississippi Limited Liability Company Act
Article 1 - General Provisions.
§ 79-29-117. Nature of business; powers.

Universal Citation: MS Code § 79-29-117 (2018)
  • (1) Subject to the provisions of its certificate of formation or the operating agreement and subject to any other laws of this state which govern or limit the conduct of a particular business or activity, a limited liability company may carry on any lawful business, purpose or activity.

  • (2) Every limited liability company has the same powers as an individual to do all things necessary or convenient to carry out its business and affairs.

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