2013 Mississippi Code
Title 81 - BANKS AND FINANCIAL INSTITUTIONS
Chapter 9 - INSOLVENT BANKS
§ 81-9-21 - Bond of receiver


MS Code § 81-9-21 (2013) What's This?

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.

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