If, upon the completion of any examination, the commissioner or an examiner finds that the last public statement of the bank is materially wrong, or that the condition of the bank has materially changed since the last public statement, he may order the bank to publish a new statement based upon the findings of his examination. For failure to promptly publish such statement, the bank shall be liable for a penalty of Five Hundred Dollars ($500.00) for which suit shall be brought by the commissioner for the use of the department if not paid within ten (10) days.
Miss. Code Ann. § 81-1-95
New statement may be ordered after finding of material changes or errors
Laws, 1980, ch. 312, § 21; reenacted, Laws, 1982, ch. 303, § 21; Laws, 1990 Ex Sess, ch. 46, § 20; Laws, 1993, ch. 442, § 21; Laws, 1994, ch. 622, § 22; reenacted without change…
Current official text: Mississippi Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Mississippi statutes; confirm against the official source for the current text. Not legal advice.