38 Miss. Code. R. 2-8.2 - Non-Acceptance of the Purchaser's Application

A prospective Contract Purchaser may be denied the right to enter into an MPACT Contract:

A. If the Purchaser does not meet the qualifications set forth in Rule 8.1;

B. If the MPACT Contract violates local, state, or federal laws;

C. If the proposed Beneficiary is not a Qualified Beneficiary in accordance with Chapter 9;

D. If the Board determines that it is advisable to limit the number of MPACT Contracts;

E. If the Contract Purchaser fails to submit the MPACT Application during an official MPACT Enrollment Period;

F. If the Contract Purchaser fails to submit the Application Processing Fee;

G. If the Purchaser has requested or accepted any form of compensation, fee, commission, service charge or any other form of payment or remuneration for entering into a Contract for the benefit of a nonresident Beneficiary;

H. If the Contract Purchaser submits an Application with incomplete information; or

I. Such other reasons as may be determined by the State Treasurer or the Board.

Notes

38 Miss. Code. R. 2-8.2

Miss. Code Ann. § 37-155-9 (Rev. 2003).