Mississippi Reserve Study Requirements (2026)

Mississippi at a glance

Who must have a reserve study

We found no reserve study requirement in the Mississippi Condominium Law [Miss. Code Ann. 89-9-1 to 89-9-37]. (see sources)

Site inspection

We found no statewide rule on this in the statutes listed under Sources.

Structural inspections

We found no statewide rule on this in the statutes listed under Sources.

Reserve funding

We found no reserve funding rule. The Condominium Law lets a recorded declaration of restrictions provide for reasonable assessments to meet the authorized expenditures of the management body, and it does not mention reserves [Miss. Code Ann. 89-9-17]. Separate sections on homeowners association funds say transfers of more than $10,000 from an association's combined reserve and operating deposits need prior board approval, and that the board must review the latest statements for its operating and reserve accounts at its regularly scheduled meetings, unless the governing documents set stricter standards [Miss. Code Ann. 79-11-753, 79-11-757]. (see sources)

Disclosure

We found no statewide rule on this in the statutes listed under Sources.

Who may prepare the study

We found no statewide rule on this in the statutes listed under Sources.

What this means for boards

• With no statewide mandate confirmed here, check your governing documents and any lender requirements. They can require a study even where the statute does not.
• A current reserve study is still the usual way to show the board planned for major repairs with care.
• Keep the study, the board's funding decision and the reasons for it on record.
• Ask your association's attorney how the rules apply to your community.

What this means for reserve preparers

• Confirm which statute governs the association before you scope the work: condominium, planned community and cooperative acts often differ.
• Match the study level and site visit to what the statute requires.
• Cite the statute in the report so the board can see what the study satisfies.

How ReservePath handles Mississippi

ReservePath supports full studies, updates with a site visit and updates without one, 30-year funding projections, and study renewal reminders based on the cycle you set for each study. It includes in-app compliance guidance for each state as a starting point. The preparer and the association's attorney remain responsible for confirming what the law requires.

Frequently asked questions

Does Mississippi require a reserve study?

We found no reserve study requirement in the Mississippi Condominium Law [Miss. Code Ann. 89-9-1 to 89-9-37].

Does Mississippi require reserves to be funded?

We found no reserve funding rule. The Condominium Law lets a recorded declaration of restrictions provide for reasonable assessments to meet the authorized expenditures of the management body, and it does not mention reserves [Miss. Code Ann. 89-9-17]. Separate sections on homeowners association funds say transfers of more than $10,000 from an association's combined reserve and operating deposits need prior board approval, and that the board must review the latest statements for its operating and reserve accounts at its regularly scheduled meetings, unless the governing documents set stricter standards [Miss. Code Ann. 79-11-753, 79-11-757].

Sources

• Miss. Code Ann. 89-9-1 to 89-9-37 (Mississippi Condominium Law)
• Miss. Code Ann. 89-9-17
• Miss. Code Ann. 79-11-753
• Miss. Code Ann. 79-11-757