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MS · SERVICE-AGMT · Updated July 2026 · Free

Mississippi Service Agreement

Review Status: PendingAuthor: Editorial TeamMethodology: Statutory Verification

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Mississippi at a glance: Usury Cap: 8% default, B2B agreements are exempt · Governing Law: Mississippi Code Chapter 75

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Overview

Service Agreements in Mississippi

Mississippi service agreements are governed by Chapter 17 of the Mississippi Code. Late fees must comply with usury caps.
Key Facts

Mississippi Service Agreement — Quick Reference

RequirementMississippi Rule
Usury Cap8% default, B2B agreements are exempt
Governing LawMississippi Code Chapter 75
Legal Requirements

Mississippi Legal Requirements

  • Late fees exceeding 8% per year must be in writing.
Governing Laws

Mississippi Governing Laws

Miss. Code § 75-17-1
Legal Rate of Interest
Defines contract interest limits.

Read the full text of these laws at Cornell Law School's Mississippi legal resources or your state legislature's official website.

Questions & Answers

Mississippi Service Agreement — Frequently Asked Questions

Does Mississippi enforce limitation of liability clauses?

Yes, if they are clear and do not violate public policy.