STATE STATUTES & CODES

MISSISSIPPI STATUTES AND CODES

Chapter 14 - Savings Bank Law.

• 81-14-1 - Short title.
• 81-14-3 - Purpose.
• 81-14-5 - Applicability of chapter.
• 81-14-7 - Definitions and application of terms.
• 81-14-51 - Hearings.
• 81-14-53 - Application of chapter on business corporations.
• 81-14-55 - Scope and prohibitions; existing charters; injunctions.
• 81-14-57 - Application to organize savings bank.
• 81-14-59 - Certificate of incorporation.
• 81-14-61 - Commissioner to consider application.
• 81-14-63 - Criteria to be met before commissioner may recommend approval of application.
• 81-14-65 - Board to review findings and recommendations of commissioner.
• 81-14-67 - Grounds for approval or denial of application.
• 81-14-69 - Appeal.
• 81-14-71 - Insurance of accounts required.
• 81-14-73 - Status as IRS qualified thrift institution.
• 81-14-75 - Time allowed to commence business.
• 81-14-77 - Licensing.
• 81-14-79 - Amendments to certificate of incorporation.
• 81-14-81 - List of stockholders to be maintained.
• 81-14-83 - Branch offices.
• 81-14-85 - Request to change location of branch or principal office.
• 81-14-87 - Approval revoked; branch office.
• 81-14-89 - Branch offices closed.
• 81-14-91 - Loan production office.
• 81-14-101 - Conversion to savings bank.
• 81-14-103 - Conversion from state to federal charter.
• 81-14-105 - Simultaneous charter and ownership conversion.
• 81-14-107 - Conversion of mutual to stock savings bank.
• 81-14-109 - Conversion of stock savings bank to mutual savings bank.
• 81-14-111 - Merger of like savings banks.
• 81-14-113 - Merger of savings banks where ownership is converted.
• 81-14-115 - Merger of mutual and stock savings banks.
• 81-14-117 - Simultaneous merger and conversion.
• 81-14-119 - Merger of federal charters with state savings banks.
• 81-14-121 - Voluntary dissolution by stockholders or members.
• 81-14-123 - Rules, regulations and reports of voluntary dissolution.
• 81-14-125 - Stock dividends.
• 81-14-127 - Supervisory mergers, consolidations, conversions and combination mergers and conversions.
• 81-14-129 - Interim savings banks.
• 81-14-151 - Supervision.
• 81-14-153 - Power of commissioner to promulgate rules and regulations; reproduction of records.
• 81-14-155 - Examinations by commissioner; report.
• 81-14-157 - Supervisory and other fees.
• 81-14-159 - Prolonged audit, examination or revaluation; payments of costs.
• 81-14-161 - Commissioner to have right of access to books and records of savings banks; right to issue subpoenas, administer oaths, examine witnesses.
• 81-14-163 - Test appraisals of collateral for loans; expense paid.
• 81-14-165 - Relationship of savings banks with department.
• 81-14-167 - Confidential information.
• 81-14-169 - Statement filed by savings bank; publishing requirement.
• 81-14-171 - Annual audit requirement.
• 81-14-173 - Prohibited practices.
• 81-14-175 - Appeal from final rule, regulation or order of commissioner or board.
• 81-14-177 - Credit allowed for savings banks; commissioner discretion.
• 81-14-179 - Commissioner to provide copy of call reports; failure or refusal; misdemeanor.
• 81-14-201 - Cease and desist orders.
• 81-14-203 - Civil penalties; state savings banks.
• 81-14-205 - Civil penalties; directors, officers and employees.
• 81-14-207 - Supervisory control.
• 81-14-209 - Removal of directors, officers and employees.
• 81-14-211 - Involuntary liquidation.
• 81-14-213 - Judicial review.
• 81-14-215 - Indemnity.
• 81-14-217 - Cumulative penalties.
• 81-14-219 - Emergency limitations.
• 81-14-251 - Membership of a mutual institution.
• 81-14-253 - Directors.
• 81-14-255 - Conduct of directors and officers.
• 81-14-257 - Amendments to charter of incorporation and bylaws.
• 81-14-259 - Voting rights.
• 81-14-261 - Annual meetings notice required.
• 81-14-263 - Special meetings; notice required.
• 81-14-265 - Quorum.
• 81-14-267 - Bonding.
• 81-14-301 - Investment in loans.
• 81-14-303 - Other investments.
• 81-14-305 - Prohibited security.
• 81-14-307 - Loan conditioned on certain transactions prohibited.
• 81-14-309 - Loan expense and fees.
• 81-14-311 - Methods of loan repayment.
• 81-14-313 - Insider loans.
• 81-14-315 - Rule-making power of commissioner.
• 81-14-317 - Nonconforming loans and investments.
• 81-14-319 - Limitation on loans to one (1) borrower.
• 81-14-321 - General parity provision.
• 81-14-351 - Generally accepted accounting principles.
• 81-14-353 - Liquidity.
• 81-14-355 - Net worth maintenance requirement.
• 81-14-357 - Deposit accounts.
• 81-14-359 - Joint accounts.
• 81-14-361 - Accounts of administrators, executors, guardians, trustees and other fiduciaries.
• 81-14-363 - Accounts payable at death.
• 81-14-365 - Collection of processing fee for returned checks.
• 81-14-367 - Right of setoff on deposit account.
• 81-14-369 - Savings accounts issued to minors or persons under disability; payment of withdrawals; powers of parent or guardian; withdrawals on death of holder.
• 81-14-371 - Deposit accounts as deposit of securities.
• 81-14-373 - New account books.
• 81-14-375 - Transfer of deposit accounts.
• 81-14-377 - Authority of power of attorney.
• 81-14-379 - Adverse claims to accounts.
• 81-14-381 - Accounts of deceased nonresidents.
• 81-14-383 - Payments to successors without administration.
• 81-14-385 - Savings accounts as legal investments and as security for bonds.
• 81-14-387 - Power to borrow money.
• 81-14-389 - Authority to join federal reserve bank.
• 81-14-401 - Holding companies.
• 81-14-403 - Change in control requirement.
• 81-14-501 - Repealed.

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