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21 chapters · 749 sections in this title.
Miss. Code Ann. § 81-5-81 Effect of third-party deposits to induce making of unsound loans
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The Federal Deposit Insurance Corporation, the Comptroller of the Currency, the Federal Reserve Bank, or the State Comptroller, Department of Bank Supervision, State of Mississippi, is hereby authorized to freeze any deposit which is made by any third party for the purpose of ent…
Miss. Code Ann. § 81-5-83 Limit of borrowing power of banks
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No bank chartered and doing business under the laws of this state shall issue bills payable or be liable on rediscounts at any time to a total amount in excess of three times its capital and surplus. However, this limit may be exceeded by a bank with the consent and approval in w…
Miss. Code Ann. § 81-5-85 Business combination between state-chartered bank and another bank, savings bank, savings and loan association or other entity under plan of merger or share exchange; sale or transfer of state-chartered bank assets, liabilities, businesses; conversion of national bank, state or federal savings and loan association or state or federal savings bank into state-chartered bank
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A bank chartered by the State of Mississippi, may, with the approval of the commissioner, enter into a business combination with another bank, savings bank, savings and loan association or other entity, on such terms and conditions, as may be lawfully agreed upon, adopted and app…
Miss. Code Ann. § 81-5-87 Holding of real estate by bank
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(a) Any banking corporation doing business in this state may purchase, hold and convey real estate for the following purposes and no others:(a) Such real estate as shall be necessary in which to transact the business of any such bank, including with its banking offices, premises …
