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§ 81-27-7-102 — Mississippi Law | CourtGPT
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  4. Title 81 - Banks and Financial Institutions/
  5. Chapter 27 - Multistate, State and Limited Liability Trust Institutions/
  6. Article 7 - Enforcement Actions Sub/
  7. Subarticle B - Enforcement Orders; Trust Company Management/
  8. § 81-27-7-102
Mississippi Legal Code

§ 81-27-7-102

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Notice and opportunity for a hearing shall be provided before any of the foregoing actions may be undertaken by the commissioner. However, in cases involving extraordinary circumstances requiring immediate action, the commissioner may take such action, but shall promptly afford a subsequent hearing upon application to rescind the action taken. Laws, 1998, ch. 437, § 1, eff. 7/1/1998.