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21 chapters · 749 sections in this title.
Miss. Code Ann. § 81-14-381 Accounts of deceased nonresidents
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When an account is held in any savings bank by a person residing in another state or country, the account, or any part thereof, not in excess of Two Thousand Five Hundred Dollars ($2,500.00), may be paid to the administrator or executor appointed in the state or country where the…
Miss. Code Ann. § 81-14-383 Payments to successors without administration
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Any savings bank may pay to the successor of a deceased depositor, as defined in Section 91-7-322(2), without necessity of administration, any sum to the credit of the deceased not exceeding Twelve Thousand Five Hundred Dollars ($12,500.00) upon affidavit that the deceased died l…
Miss. Code Ann. § 81-14-385 Savings accounts as legal investments and as security for bonds
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(1) Administrators, executors, custodians, guardians, trustees, pension funds and other fiduciaries of every kind and nature, insurance companies, business and manufacturing companies, banks, credit unions and all other types of financial institutions, charitable, educational and…
Miss. Code Ann. § 81-14-387 Power to borrow money
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A savings bank may borrow up to twenty-five percent (25%) of its savings liability and net worth for lending purposes; a savings bank may borrow an additional twenty-five percent (25%) of its savings liability and net worth for the purpose of making loans guaranteed by the Federa…
