(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.Laws, 1992, ch. 489, § 35; reenacted without change, Laws, 1997, ch. 364, § 35; reenacted without change, Laws, 2001, ch. 457, § 35, eff. 7/1/2001.
Mississippi Legal Code