The receiver shall furnish bond in such amount and with such sureties as may be fixed by the chancellor, payable to the State of Mississippi, and conditioned for the faithful performance of his duties as receiver of such bank. Such bond may, with consent of the chancellor, be put in action by anyone aggrieved by the receiver’s conduct of the affairs of the insolvent bank, and premiums on the bond shall be an expense of the liquidation.
Miss. Code Ann. § 81-9-21
Bond of receiver
Applied in 1 court decision — leading case 823 F. Supp. 1341 - Federal Deposit Ins. v. Brewer (1993)
Most recently applied in 823 F. Supp. 1341 - Federal Deposit Ins. v. Brewer (April 1993)
Codes, 1942, § 5250; Laws, 1934, ch. 146.
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.