US Lawyer Database

§ 81-25-165. Closing of office

No foreign bank which is licensed to establish and maintain a Mississippi state branch, Mississippi state agency or Mississippi representative office shall close such office without filing an application with, and obtaining the prior approval of, the commissioner. An application by a foreign bank under this section shall be in such form and include such […]

§ 81-25-141. Notice of acquisition or merger

A foreign bank which is licensed to establish and maintain a Mississippi state branch, Mississippi state agency or Mississippi representative office shall file with the commissioner a notice, in such form and containing such information as the commissioner may prescribe, no later than fourteen (14) calendar days after such foreign bank becomes aware of any […]

§ 81-25-143. Notice of relocation

No foreign bank which is licensed to establish and maintain a Mississippi state branch, Mississippi state agency or Mississippi representative office shall relocate any such office unless the foreign bank provides prior written notice to commissioner and the commissioner shall have approved such relocation. Written notice provided by a foreign bank under this section shall […]

§ 81-25-145. Examination by commissioner

A Mississippi state branch, Mississippi state agency or Mississippi representative office shall be subject to examination by the commissioner at such intervals and in such a manner as he or she shall establish by regulation or order. In conducting an examination pursuant to this section, the commissioner shall: Have full access to the offices, books, […]

§ 81-25-127. Revocation of license

The commissioner, after notice and opportunity for a hearing, may revoke a license to establish and maintain a Mississippi representative office if he or she finds: The foreign bank has violated any provision of this chapter or any other law, rule or regulation of the State of Mississippi; or Any fact or condition exists which, […]

§ 81-25-129. Posting of license

Each foreign bank which is licensed to establish and maintain a Mississippi state branch, Mississippi state agency or Mississippi representative office shall post its license in a conspicuous place at such office.

§ 81-25-133. Filing of instrument to appoint commissioner as agent, representative and attorney

A foreign bank which is licensed to establish and maintain a Mississippi state branch, Mississippi state agency, or Mississippi representative office shall file with the commissioner an instrument irrevocably appointing the commissioner and his or her successors in office to be such foreign bank’s agent, representative and attorney to receive service of any lawful process […]

§ 81-25-135. Service of processes, notices and demands

Service of any lawful process in any judicial or administrative proceeding against the foreign bank or any of its successors which arises out of the foreign bank’s activities in this state shall be made on the commissioner by delivering to and leaving with him or her, or with any official having charge of his or […]

§ 81-25-137. Filing of amendments to articles of incorporation

A foreign bank which is licensed to maintain a Mississippi state branch or Mississippi state agency, whenever its articles of incorporation are amended, shall forthwith file in the office of the commissioner a copy of such amendment duly authenticated by the proper officer of the country of such foreign bank’s organization, but the filing thereof […]