81-9-7 - Examiner to be placed in charge. - Mississippi Statutes

§ 81-9-7. Examiner to be placed in charge.
 

If the Commissioner of Banking and Consumer Finance shall close a bank as provided in this chapter and the assets thereof shall not be promptly sold as provided in Section 81-9-11, he shall immediately place in charge an examiner, whose salary and expenses, including auditing and clerical help, shall be paid out of the assets of the bank and not out of the Department of Banking and Consumer Finance Maintenance Fund. 
 

Sources: Codes, 1942, § 5241; Laws,  1934, ch. 146; Laws, 1994, ch. 622, § 160, eff from and after July 1, 1994.