81-14-119 - Merger of federal charters with state savings banks. - Mississippi Statutes

§ 81-14-119. Merger of federal charters with state savings banks.
 

(1)  Any two (2) or more depository institutions, when one or more is a state savings bank and one or more is a federal depository institution operating in Mississippi, may merge under either a state savings bank charter or a federal charter. 

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

Sources: Laws,  1992, ch. 489, § 35; reenacted without change, Laws,  1997, ch. 364, § 35; reenacted without change, Laws, 2001, ch. 457, § 35, eff from and after July 1, 2001.