2016 Mississippi Code
Title 81 - Banks and Financial Institutions
Chapter 23 - Interstate Bank Branching
§ 81-23-23. Change in control requirement for out-of-state state banks

MS Code § 81-23-23 (2016) What's This?

Each out-of-state state bank that has established and maintains a branch in the State of Mississippi pursuant to this chapter, shall give at least thirty (30) days' prior written notice (or, in the case of an emergency transaction, such shorter notice as is consistent with applicable state or federal law) to the commissioner of any merger, consolidation, or other transaction that would cause a change of control with respect to such bank or any bank holding company that controls such bank, with the result that an application would be required to be filed pursuant to the federal Change in Bank Control Act of 1978, as amended, 12 USCS 1817(j), or the federal Bank Holding Company Act of 1956, as amended, 12 USCS 1841 et seq., or any successor statutes thereto.

Disclaimer: These codes may not be the most recent version. Mississippi may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.