All state savings banks must qualify for and maintain eligibility for the bad debt reserve under Section 7701(a)(19) of the Internal Revenue Code of 1968 and any amendments thereto.Laws, 1992, ch. 489, § 16; reenacted without change, Laws of 1997, ch. 364, § 16; reenacted without change, Laws, 2001, ch. 457, § 16, eff. 7/1/2001.
Mississippi Legal Code