Business Laws in Mississippi.

Governs formation, governance, mergers, dissolutions, and shareholder rights of Mississippi for-profit corporations. Closely tracks the Model Business Corporation Act.

Governs formation, operating agreements, management, and dissolution of LLCs. Operating agreements are contractual and may modify many default rules.

Noncompete agreements are enforceable where reasonable in duration, geographic scope, and subject matter, and supported by legitimate business interest. Mississippi courts may blue-pencil overbroad provisions.

Provides civil remedies for misappropriation of trade secrets, including injunctive relief, actual damages, unjust enrichment, and exemplary damages for willful misappropriation.

Mississippi's adoption of the UCC governing sales of goods, leases, negotiable instruments, secured transactions, and related commercial matters.