Miss. Code Ann. § 81-14-115: Merger of mutual and stock savings banks.
Where this section sits in the code
- Title 81. Banks and Financial Institutions
- Chapter 14. Savings Bank Law
- Article 3. Corporate Changes.
(1) Any two (2) or more savings banks, when one or more is mutually owned and one or more is stock owned, may merge to form either a mutual or stock savings bank in separate conversion-merger proceedings and in simultaneous conversion-merger proceedings.
(2) The commissioner may promulgate rules and regulations to facilitate the merger of mutual and stock savings banks.
Collected 2026-10-27T05:54:28Z. Source file · JSON
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