81-14-117 - Simultaneous merger and conversion. - Mississippi Statutes

§ 81-14-117. Simultaneous merger and conversion.
 

(1)  Any combination of associations and state savings banks may merge to form either an association or state savings bank. 

(2)  The commissioner shall promulgate rules and regulations to facilitate the merger of associations and state savings banks. 
 

Sources: Laws,  1992, ch. 489, § 34; reenacted without change, Laws,  1997, ch. 364, § 34; reenacted without change, Laws, 2001, ch. 457, § 34, eff from and after July 1, 2001.