(1) Any combination of associations and state savings banks may merge to form either an association or state savings bank.
(2) The commissioner shall promulgate rules and regulations to facilitate the merger of associations and state savings banks.
Miss. Code Ann. § 81-14-117
Simultaneous merger and conversion
Known as the Savings Bank Law
The act spans §§ 81-14-1 to 81-14-91 (108 sections).
Laws, 1992, ch. 489, § 34; reenacted without change, Laws, 1997, ch. 364, § 34; reenacted without change, Laws, 2001, ch. 457, § 34, eff from and after July 1, 2001.
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.