Establishment and maintenance of a Mississippi state representative office
Known as the Mississippi International Banking Act
The act spans §§ 81-25-1 to 81-25-7 (44 sections).
Laws, 1996, ch. 441, § 33, eff from and after May 1, 1997.
(1) No foreign bank shall establish or maintain a Mississippi state representative office unless such foreign bank is licensed by the commissioner to maintain such a Mississippi representative office.
(2) Nothing in subsection (1) shall be deemed to prohibit a foreign bank which maintains a federal agency or federal branch in the State of Mississippi from establishing or maintaining one or more Mississippi representative offices.
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.