{"data":{"id":"us-ms/miss.-code-ann.-81-27-1.101","jurisdiction":"us-ms","citation":"Miss. Code Ann. § 81-27-1.101","heading":"Companies authorized to act as a fiduciary.","body":"(a) No company shall act as a fiduciary in this state except:\n(1) A state trust company;\n(2) A state bank;\n(3) A savings association organized under the laws of this state and authorized to act as a fiduciary pursuant to Section 81-12-1 et seq. or Section 81-14-1 et seq.;\n(4) A national bank having its principal office in this state and authorized by the Comptroller of the Currency to act as a fiduciary pursuant to 12 USCS 92a;\n(5) A federally chartered savings association having its principal office in this state and authorized by its federal chartering authority to act as a fiduciary;\n(6) An out-of-state bank with a branch in this state established or maintained pursuant to Section 81-23-1 et seq. or a trust office licensed by the commissioner pursuant to this chapter;\n(7) An out-of-state trust company with a trust office licensed by the commissioner pursuant to this chapter; or\n(8) A foreign bank with a trust office licensed by the commissioner pursuant to this chapter.\n(b) No company shall engage in an unauthorized trust activity.","path":["Title 81. Banks and Financial Institutions","Chapter 27. Multistate, State and Limited Liability Trust Institutions","Article 1. General Provisions; Trust Institution Authorized Activities.","Subarticle B. Companies Authorized to Act as a Fiduciary."],"source_url":"https://archive.org/download/gov.ms.code.ann.2018/release78.2020.07.08/gov.ms.code.title.81.odt","current_through":"2020-07-08","vintage":"Mississippi Code Release 78 (2020-07), retrieved 2026-09-17","retrieved_at":"2026-10-27T05:54:28Z","sha256":"57a30864495fe0fa40f639817e0bc4f2683dc5af390fc5ce728eaf0bde614118","source_id":"us-ms","stale":false,"prev":"us-ms/miss.-code-ann.-81-27-1.004","next":"us-ms/miss.-code-ann.-81-27-1.102","notices":[{"id":"open-us-law","title":"Open US Law compilation","text":"Compilation CC BY 4.0, Open US Law (Vaquill AI). GroundRules uses only the releases published under CC BY 4.0: from v2026.09 the compilation is licensed CC BY-NC 4.0, and GroundRules does not use those releases. Each affected row names its release in its vintage label. GroundRules parsed and filtered the compilation to retain enacted text.","url":"https://huggingface.co/datasets/vaquill/open-us-law","license_url":"https://creativecommons.org/licenses/by/4.0/"},{"id":"pro-ms","title":"Mississippi Release 78 supplement","text":"Mississippi electronic product files were republished by Public.Resource.Org under a public-domain dedication. GroundRules uses enacted text from Release 78 only as a labeled supplement to the newer Open US Law rows.","url":"https://archive.org/details/gov.ms.code.ann.2018"}]},"notice":"GroundRules: Original legal text. Not legal advice."}
