Mississippi Contractors Licensing Exam Preparation Exam
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2026/2027 | Graded A+.
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Terms in this set (55)
Minimum net worth for contractor license $50,000 net worth.
Years of experience required for contractor license 4 years of experience in the field.
Purpose of the Mississippi Contractor's License Board The Mississippi Contractor's License Board regulates the licensing of
contractors, ensuring that they meet legal and professional standards.
Types of work requiring a contractor's license General contracting, electrical, plumbing, HVAC, and mechanical work, among
others.
Penalty for working as an unlicensed contractor Penalties can include fines of up to $1,000 or imprisonment for up to 6 months.
General liability insurance requirement for contractors Contractors must have a minimum of $100,000 in general liability insurance.
Requirements for contractor license application A completed application form, proof of experience, proof of financial stability,
proof of insurance, and an application fee.
Contractor bond requirement in Mississippi A $25,000 contractor bond is required.
Agency administering the Mississippi Contractors State The Mississippi State Board of Contractors.
Licensing Exam
License renewal frequency for contractors Every 2 years.
Questions And Correct Answers (Verified) Latest Update
2026/2027 | Graded A+.
Leave the first rating
Save
Students also studied
Flashcard sets Study guides
Humber Real Estate Course 2 Law of Treaties California Real Estate Salesperson L... CIP
Teacher 169 terms 11 terms Teacher 133 terms Te
remo_Collins Preview Tatyana_Wangari1 Preview Felistus_Mbuva Preview
Terms in this set (55)
Minimum net worth for contractor license $50,000 net worth.
Years of experience required for contractor license 4 years of experience in the field.
Purpose of the Mississippi Contractor's License Board The Mississippi Contractor's License Board regulates the licensing of
contractors, ensuring that they meet legal and professional standards.
Types of work requiring a contractor's license General contracting, electrical, plumbing, HVAC, and mechanical work, among
others.
Penalty for working as an unlicensed contractor Penalties can include fines of up to $1,000 or imprisonment for up to 6 months.
General liability insurance requirement for contractors Contractors must have a minimum of $100,000 in general liability insurance.
Requirements for contractor license application A completed application form, proof of experience, proof of financial stability,
proof of insurance, and an application fee.
Contractor bond requirement in Mississippi A $25,000 contractor bond is required.
Agency administering the Mississippi Contractors State The Mississippi State Board of Contractors.
Licensing Exam
License renewal frequency for contractors Every 2 years.
