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Mississippi Code 1972 (2024)
Title 81 - BANKS AND FINANCIAL INSTITUTIONS (§§ 81-1-1 — 81-29-3)
Chapter 13 - CREDIT UNIONS (§§ 81-13-1 — 81-13-81)
- Section 81-13-1 - Organization of credit union; hearing upon denial of license; commencement of corporate existence
- Section 81-13-2 - [Repealed]
- Section 81-13-3 - Contents of articles of association; amendments to articles
- Section 81-13-4 - Insurance of accounts by National Credit Union Administration
- Section 81-13-5 - Filing, contents, and amendment of bylaws
- Section 81-13-7 - [Repealed]
- Section 81-13-9 - Restriction of term "credit union."
- Section 81-13-11 - Power
- Section 81-13-12 - Authorization to operate as federal credit union
- Section 81-13-13 - Membership
- Section 81-13-15 - Supervision by Department of Banking and Consumer Finance; rules and regulations; reports by credit unions
- Section 81-13-17 - Examination by Commissioner of Banking and Consumer Finance; powers of Commissioner; fees; acceptance of examination performed by National Credit Union Administration
- Section 81-13-19 - Failure to make reports or pay fees; duties and authority of Commissioner of Banking and Consumer Finance; suspension of credit union's operations
- Section 81-13-21 - Appointment of conservator; powers and duties of conservator
- Section 81-13-23 - Fiscal year
- Section 81-13-25 - Elections
- Section 81-13-27 - Directors, officers; special duty of directors
- Section 81-13-28 - Member or employee not to participate in matters in which he or she has pecuniary interest; penalty
- Section 81-13-29 - Directors and members of supervisory committees not to receive compensation; compensation of treasurer
- Section 81-13-31 - [Repealed]
- Section 81-13-33 - Supervisory committee; suspension of directors, committee members or officers; review of credit union practices; audit and report
- Section 81-13-35 - Capital
- Section 81-13-37 - Shares and deposits of minors and in trust
- Section 81-13-39 - Authority to lend or invest funds; interest rates
- Section 81-13-41 - Power to borrow
- Section 81-13-43 - Loans
- Section 81-13-45 - When borrower may repay loan
- Section 81-13-47 - [Repealed]
- Section 81-13-49 - [Repealed]
- Section 81-13-51 - Portion of net income set apart at close of fiscal year for reserve fund
- Section 81-13-53 - Dividends
- Section 81-13-55 - Expulsion of members
- Section 81-13-57 - Refunds to expelled or withdrawing members
- Section 81-13-58 - Deposit in name of two or more persons; payments to successors of deceased depositors without administration
- Section 81-13-59 - Voluntary dissolution
- Section 81-13-60 - Establishment of branch office
- Section 81-13-61 - Change of place of business
- Section 81-13-62 - Electronic banking terminals
- Section 81-13-63 - Taxation
- Section 81-13-65 - Conversion from state to federal credit union and from federal to state credit union
- Section 81-13-67 - [Repealed]
- Section 81-13-69 - Method of voting by members; special meetings; number of votes per member; proxies; matters subject to vote
- Section 81-13-71 - Penal laws applicable
- Section 81-13-73 - Record keeping
- Section 81-13-75 - Conflicting laws repealed
- Section 81-13-77 - [Repealed]
- Section 81-13-79 - Merger of credit unions; certificate of merger; transfer of rights, assets and interests
- Section 81-13-81 - Approval of foreign credit unions
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