§ 81-14-119. Merger of federal charters with state savings banks

MS Code § 81-14-119 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

(1) Any two (2) or more depository institutions, when one or more is a state savings bank and one or more is a federal depository institution operating in Mississippi, may merge under either a state savings bank charter or a federal charter.

(2) The commissioner shall promulgate rules and regulations to facilitate the merger of federal depository institutions and state savings banks.