A foreign bank which is licensed to establish and maintain a Mississippi state branch or Mississippi state agency shall be subject to the same limitations with respect to the payment of interest on deposits as a state bank which is a member of the Federal Reserve System.
Miss. Code Ann. § 81-25-159
Limitations
Known as the Mississippi International Banking Act
The act spans §§ 81-25-1 to 81-25-7 (44 sections).
Laws, 1996, ch. 441, § 53, eff from and after May 1, 1997.
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.