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21 chapters · 749 sections in this title.
Miss. Code Ann. § 81-9-1 Capital stock impaired; how restored
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When it shall be brought to the attention of the state comptroller that the capital stock of any bank is impaired to such an extent as to render a further continuance of its business hazardous to its creditors, depositors, or the public, he shall immediately request the stockhold…
Miss. Code Ann. § 81-9-11 Sale of assets of insolvent bank
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After the state comptroller has taken charge of an insolvent bank as herein provided, he shall have power and authority, by and with the consent of the chancery court, or of the chancellor in vacation, to whose jurisdiction the affairs of the insolvent bank have been submitted, (…
Miss. Code Ann. § 81-9-13 Reopening banks under “freezing of deposits” agreements
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The comptroller of banks of the State of Mississippi is authorized to reopen any closed bank, with the approval of the chancery court of the county in which the bank is situated, or of the chancellor thereof in vacation, when at least three-fourths of the general depositors and c…
Miss. Code Ann. § 81-9-15 Limitation on custodial period; approval of acts involving discretion or judgment
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The period in which the state comptroller shall remain the custodian of banks closed as provided in Section 81-9-5 shall not exceed ninety days, and during such period all acts of the state comptroller involving discretion or judgment shall be approved by order of the chancellor,…
