The offering and sale of savings accounts of any association subject to the provisions of this chapter are hereby exempted from all provisions of law of this state which provide for the supervision and regulation of the sale of securities, and the sale of any such accounts shall be legal without any action or approval whatsoever on the part of any official authorized to license, regulate and supervise the sale of securities.
Miss. Code Ann. § 81-12-195
Offering and sale of savings accounts exempt from securities regulations
Known as the Savings Association Law
The act spans §§ 81-12-1 to 81-12-99 (121 sections).
Laws, 1977, ch. 445, § 61(1); reenacted, Laws, 1982, ch. 301, § 98; Laws, 1990 Ex Sess, ch. 52, § 101; Laws, 1993, ch. 441, § 102; Laws, 1994, ch. 622, § 134; reenacted without …
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.