reglab/housing_qa huggingface dataset:
MS Code § 81-23-7 (2020)
2020 Mississippi Code|Title 81 - Banks and Financial Institutions|Chapter 23 - Interstate Bank Branching|§ 81-23-7. Provisions

  In accordance with the provision of this chapter, a Mississippi bank may enter into an interstate branching transaction, or other exercise, the result of which the Mississippi bank, or the resulting Mississippi bank, establishes, maintains or operates one or more branches in a state other than the State of Mississippi.   In accordance with the provisions of this chapter, one or more Mississippi banks may enter into an interstate branching transaction with one or more out-of-state banks, and an out-of-state bank resulting from such transaction may maintain and operate, as branches of the out-of-state bank, the branches in the State of Mississippi of a Mississippi bank that participated in such transaction.
MS Code § 81-23-9 (2020)
2020 Mississippi Code|Title 81 - Banks and Financial Institutions|Chapter 23 - Interstate Bank Branching|§ 81-23-9. Restrictions

  An interstate branching transaction shall not be permitted under this chapter if, upon consummation of such transaction, the resulting bank would control in excess of twenty-five percent (25%) of the total deposits of all offices located in the State of Mississippi of commercial banks, savings banks, savings and loan associations and credit unions in the State of Mississippi, as determined according to Section 81-7-8.   An interstate branching transaction resulting in:   The acquisition by an out-of-state bank of a Mississippi bank,   The acquisition of all or substantially all of the assets (including all or substantially all of the branches) of a Mississippi bank, or   The merger or consolidation of a Mississippi bank with or into another bank shall not be permitted unless such Mississippi bank has been in continuous operation as a state or federally chartered bank, savings bank or savings association for at least its previous five (5) years of existence, as determined according to Section 81-7-8, or is defined as a banker's bank according to Section 81-8-1. However, any state or federally chartered banker's bank that has been merged or consolidated with or into another bank as provided in this subsection shall remain a banker's bank for a period of not less than five (5) years after the date of merger or consolidation.     In the sale of any insolvent bank made pursuant to the provisions of Chapter 9, Title 81, Mississippi Code of 1972, or pursuant to federal banking laws, the restrictions contained in subsections (1) and (2) of this section shall not apply to prevent the acquisition of such insolvent bank by another bank; and, additionally, neither restriction shall apply to prohibit any purchasing bank from retaining any established branches of the insolvent bank which the purchasing bank would otherwise be prohibited from establishing.
MS Code § 81-23-11 (2020)
2020 Mississippi Code|Title 81 - Banks and Financial Institutions|Chapter 23 - Interstate Bank Branching|§ 81-23-11. Filing of application; criteria for approval

 Not later than the date on which the required application is filed with the responsible federal bank supervisory agency, a Mississippi state bank seeking to establish one or more branches in a state other than the State of Mississippi pursuant to an interstate branching transaction, or other exercise, shall file an application on a form prescribed by the commissioner and pay the fee prescribed by the commissioner. The applicant Mississippi state bank shall also comply with any other applicable Mississippi statutes. If the commissioner finds that:   The proposed transaction will not be detrimental to the safety and soundness of the applicant,   Any new officers and directors of the applicant or the resulting bank are qualified by character, experience, and financial responsibility to direct and manage the bank, and   The proposed transaction is consistent with the convenience and needs of the communities to be served by the applicant or the resulting bank in the State of Mississippi and is otherwise in the public interest, the commissioner shall approve the transaction and the operation of branches outside of the State of Mississippi by the applicant or the resulting bank. Such a transaction may be consummated only after the applicant or the resulting bank has received the commissioner's written approval.
MS Code § 81-23-13 (2020)
2020 Mississippi Code|Title 81 - Banks and Financial Institutions|Chapter 23 - Interstate Bank Branching|§ 81-23-13. Requirements for out-of-state state banks

 Any out-of-state state bank that will be the resulting bank pursuant to an interstate branching transaction involving a Mississippi state bank shall notify the commissioner of the proposed transaction not later than the date on which it files an application for an interstate branching transaction with the responsible federal bank supervisory agency, and shall submit a copy of that application to the commissioner and pay the filing fee, if any, required by the commissioner. Any Mississippi bank which is a party to such interstate branching transaction shall comply with all other applicable state and federal laws.
MS Code § 81-23-15 (2020)
2020 Mississippi Code|Title 81 - Banks and Financial Institutions|Chapter 23 - Interstate Bank Branching|§ 81-23-15. Permissible activities

  An out-of-state bank which establishes and maintains one or more branches in the State of Mississippi under this chapter may conduct any activities at such branch or branches that are authorized under the laws of the State of Mississippi for Mississippi state banks.   A Mississippi state bank may conduct any activities at any branch outside the State of Mississippi that are permissible for a bank chartered by the host state where the branch is located.   An out-of-state bank that has established a branch in the State of Mississippi under this chapter may establish or acquire additional branches in the State of Mississippi to the same extent that any Mississippi bank may establish or acquire a branch in the State of Mississippi under applicable federal and state law.
MS Code § 81-23-19 (2020)
2020 Mississippi Code|Title 81 - Banks and Financial Institutions|Chapter 23 - Interstate Bank Branching|§ 81-23-19. Violation by out-of-state state bank; authority of commissioner to take enforcement action

 If the commissioner determines that a branch maintained by an out-of-state state bank in the State of Mississippi is being operated in violation of any provision of the laws of the State of Mississippi, or that such branch is being operated in an unsafe and unsound manner, the commissioner shall have the authority to take all such enforcement actions as he or she would be empowered to take if the branch were a Mississippi state bank; however, the commissioner shall promptly give notice to the home state regulator of each enforcement action taken against an out-of-state state bank and, to the extent practicable, shall consult and cooperate with the home state regulator in pursuing and resolving the enforcement action.
MS Code § 81-23-21 (2020)
2020 Mississippi Code|Title 81 - Banks and Financial Institutions|Chapter 23 - Interstate Bank Branching|§ 81-23-21. Power of commissioner to promulgate regulations

 The commissioner may promulgate such regulations as he or she determines to be necessary or appropriate in order to implement the provisions of this chapter.
MS Code § 81-23-23 (2020)
2020 Mississippi Code|Title 81 - Banks and Financial Institutions|Chapter 23 - Interstate Bank Branching|§ 81-23-23. Change in control requirement for out-of-state state banks

 Each out-of-state state bank that has established and maintains a branch in the State of Mississippi pursuant to this chapter, shall give at least thirty (30) days' prior written notice (or, in the case of an emergency transaction, such shorter notice as is consistent with applicable state or federal law) to the commissioner of any merger, consolidation, or other transaction that would cause a change of control with respect to such bank or any bank holding company that controls such bank, with the result that an application would be required to be filed pursuant to the federal Change in Bank Control Act of 1978, as amended, 12 USCS 1817(j), or the federal Bank Holding Company Act of 1956, as amended, 12 USCS 1841 et seq., or any successor statutes thereto.
MS Code § 81-23-25 (2020)
2020 Mississippi Code|Title 81 - Banks and Financial Institutions|Chapter 23 - Interstate Bank Branching|§ 81-23-25. Application in case of judicial finding of invalidity

 If any provision of this chapter or the application of such provision is found by any court of competent jurisdiction in the United States to be invalid as to any bank, bank holding company, foreign bank or other person or circumstances, or to be superseded by federal law, the remaining provisions hereof shall not be affected and shall continue to apply to any bank, bank holding company, foreign bank, or other person or circumstance.
MS Code § 81-29-1 (2020)
2020 Mississippi Code|Title 81 - Banks and Financial Institutions|Chapter 29 - Lender Trade Name and Trademark Use|§ 81-29-1. Definitions

 For purposes of this chapter, the following terms shall have the following meanings:   "Lender" means a bank, savings bank, savings and loan association, credit union, small loan company, finance company, mortgage company, mortgage broker or other person who makes or services loans in this state, and any affiliate thereof, or any third party operating with the consent of the lender. A person shall not be considered a lender based on the person's former employment with the lender.   "Person" means any individual, firm, corporation, partnership, organization, association or other legal entity.
MS Code § 83-2-1 (2020)
2020 Mississippi Code|Title 83 - Insurance|Chapter 2 - Competitive Rating for Property and Casualty Insurance|§ 83-2-1. Applicability of chapter and types of insurance excepted; definitions

  This chapter applies to all forms of property and casualty insurance on risks or operations in this state by any insurer authorized to do business in this state, except:   Accident and health;   Ocean marine insurance;   Reinsurance;   Aircraft liability and aircraft hull insurance;   Title insurance;   Credit accident and health insurance.     As used in this chapter:   "Advisory organization" means any person or organization, other than a rate service organization, which assists insurers as authorized by § 83-2-9(3).   "Joint underwriting" means a voluntary arrangement established on an ad hoc basis to provide insurance coverage for a risk pursuant to which two (2) or more insurers separately contract with the insured at a price and under policy terms agreed upon between the insurers.   "Pool" means a voluntary arrangement other than a residual market mechanism, established on an ongoing basis, pursuant to which two (2) or more insurers participate in the sharing of risks on a predetermined basis. The pool may operate through an association, syndicate or other pooling agreement.   "Rate service organization" means any person or organization which assists insurers in ratemaking or filing as authorized by § 83-2-9.   The terms "rate service organization" and "advisory organization" do not include joint underwriting organizations, actuarial, legal or other consultants, a single insurer, any employees of an insurer, or insurers under common control or management or their employees or managers.   "Residual market mechanism" means an arrangement, either voluntary or mandated by law, involving participation by insurers in the equitable apportionment among them of insurance which may be afforded applicants who are unable to obtain insurance through ordinary methods.   "Supplementary rate information" includes any manual or plan of rates, classification, rating schedule, minimum premium, policy fee, rating rule, and any other similar information needed to determine the applicable rate in effect or to be in effect.   "Supporting information" means (i) the experience and judgment of the filer and the experience or data of other insurers or organizations relied upon by the filer, (ii) the interpretation of any statistical data relied upon by the filer, (iii) a description of methods used in making the rates, and (iv) other similar information relied upon by the filer.
MS Code § 83-2-5 (2020)
2020 Mississippi Code|Title 83 - Insurance|Chapter 2 - Competitive Rating for Property and Casualty Insurance|§ 83-2-5. Filing of rates and related information by residual market mechanisms

 Residual market mechanisms shall file with the commissioner all rates, supplementary rate information, supporting information, policy forms, and endorsements at least thirty (30) days before the proposed effective date. The commissioner may give written notice within thirty (30) days of the receipt of the filing that additional time, not to exceed thirty (30) days from the date of such notice, is necessary to consider the filing. Upon written application by the residual market mechanism, the commissioner may authorize rates to be effective before the expiration of the waiting period or an extension thereof. A filing is deemed to meet the requirements of this chapter and becomes effective unless disapproved by the commissioner before the expiration of the waiting period or an extension thereof. Whenever a filing made under this section is not accompanied by sufficient supporting information, the commissioner shall inform the filing entity as to what information is required to complete the filing. The filing shall not be deemed to be made until such information is furnished.
MS Code § 83-2-7 (2020)
2020 Mississippi Code|Title 83 - Insurance|Chapter 2 - Competitive Rating for Property and Casualty Insurance|§ 83-2-7. Filing of rates and related information by insurers; exceptions; effective date of rate adjustment filing

  Except as provided in Section 83-2-9 and subsections (2) and (3) of this section, every insurer shall file with the commissioner all rates, supplementary rate information, policy forms and endorsements at least thirty (30) days prior to the proposed effective date which shall be stated in the filing. Rates, supplementary rate information, policy forms and endorsements need not be filed for inland marine risks which by general custom of the business are not written according to manual rules or rating plans. Upon the request of the commissioner, supporting information shall also be filed. Any filing made under this section is deemed to be approved unless disapproved by the Commissioner of Insurance within thirty (30) days after the date of filing.   A filing of adjustments of rates for existing rating systems made under this section which does not involve a change in the relationship between such rates and the expense portion thereof or does not involve a change of the element of expenses which are paid as a percentage of premiums and does not involve a change in rate relativities among such classifications on any basis other than loss experience is effective on the date specified in the filing which shall not be less than thirty (30) days after the filing is made and shall be deemed to meet the requirements of this chapter.   The commissioner may give written notice within thirty (30) days of the receipt of the filing that additional time, not to exceed sixty (60) days from the date of such notice, is necessary to consider the filing. A filing is deemed to meet the requirements of this chapter and becomes effective unless disapproved by the commissioner before the expiration of the waiting period or an extension thereof. Whenever a filing made under this section is not accompanied by sufficient supporting information, the commissioner shall inform the filing entity as to what information is required to complete the filing. The filing shall not be deemed to be completed until such information is furnished.   No insurance company shall make or issue a contract or policy except in accordance with filings made with the commissioner, if such filings are required.
MS Code § 83-2-9 (2020)
2020 Mississippi Code|Title 83 - Insurance|Chapter 2 - Competitive Rating for Property and Casualty Insurance|§ 83-2-9. Public inspection of filed rates and related information; rates exceeding those filed; filing by rate service organization; filing by reference

  All rates, supplementary rate information, policy forms, endorsements and any supporting information filed under this chapter shall be open to public inspection at any reasonable time as soon as filed. Copies may be obtained by any person on request and upon payment of a reasonable charge.   A rate in excess of that provided by a filing otherwise applicable may be used on a specific risk upon written application of an insured, stating specific reasons why a risk requires higher than standard rates on file by an insurer notwithstanding any other provisions of this chapter. An endorsement shall be attached to the policy giving such reasons and the percentage of surcharge. A copy of the endorsement shall be kept by the insurer and its agent. Copies of such endorsements shall be furnished to the commissioner upon request for his review to determine that the rates are not excessive, inadequate or unfairly discriminatory.   Rate service organization filings:   The filings required by Section 83-2-5 and Section 83-2-7 may be made by a rate service organization designated by an insurer or residual market mechanism.   An insurer may make a filing in compliance with Section 83-2-7 by giving written notice to the commissioner that the insurer is following rates filed by a rate service organization in any particular line with any exceptions clearly set forth as necessary to fully inform the commissioner.     An insurer may file by reference to rates, supplementary rate information, supporting information, policy forms and endorsements filed by and effective for another insurer or a rate service organization.
MS Code § 83-2-11 (2020)
2020 Mississippi Code|Title 83 - Insurance|Chapter 2 - Competitive Rating for Property and Casualty Insurance|§ 83-2-11. Disapproval of rates by commissioner and related procedure; interim rates in absence of legally effective rates

  The commissioner shall disapprove a rate or policy form or endorsement if the commissioner finds that the rate is unjustified, or the policy form or endorsement:   Is in any respect in violation of or does not comply with this code; or   Contains or incorporates by reference any inconsistent, ambiguous or misleading clauses or exceptions and conditions which unreasonably or deceptively affect the risk purported to be assumed in the general coverage of the contract.     Disapproval procedure:   Upon disapproval of a filing, the commissioner shall issue an order specifying the manner in which the filing fails to meet the requirements of this chapter. The filer shall be given a hearing upon written request made within thirty (30) days after the disapproval order.   If the commissioner disapproves a rate, policy form or endorsement currently in effect, the commissioner shall issue such an order only after a hearing held on not less than twenty (20) days written notice to the filing insurer or rating organization. The insurer or rating organization may waive the hearing. An order shall be issued within fifteen (15) days after the close of the hearing or within thirty (30) days after the filing of a waiver of hearing and shall specify in what respects the rates policy form or endorsement fail to meet the requirements of this chapter. The order shall also state when the further use of such policy form or endorsement or rate in contracts of insurance made thereafter shall be prohibited which shall be within a reasonable period of time, but not less than forty-five (45) days. The order may include a provision for premium adjustment for policies issued, renewed or nonrenewed after the effective date of such order.     Whenever an insurer has no legally effective rates as a result of the commissioner's disapproval of rates or other act, the commissioner on request of the insurer shall specify interim rates for the insurer that are sufficient to protect the interests of all parties and the commissioner may order that a specified portion of the premiums be placed in an escrow account approved by the commissioner. When new rates become legally effective, the commissioner shall order the escrowed funds or any overcharge in the interim rates to be distributed appropriately, except that refunds to policyholders that are de minimis shall not be required.
MS Code § 83-2-13 (2020)
2020 Mississippi Code|Title 83 - Insurance|Chapter 2 - Competitive Rating for Property and Casualty Insurance|§ 83-2-13. Furnishing rate information to insureds; hearing of complaints as to application of rating system; appeals

  Every insurer or rate service organization shall furnish to any insured affected by a rate published by it all pertinent information as to such rate within a reasonable time after receipt of a written request and upon payment of a reasonable charge.   Every insurer and rate service organization shall provide reasonable means whereby any person aggrieved by the application of its rating system may be heard within this state on written request to review the manner in which such rating system is applied in relation to the insurance afforded. If the insurer fails to grant or reject such request within thirty (30) days, the applicant may proceed in the same manner as if the application has been rejected. A party affected by the action of an insurer with respect to a request under this subsection may appeal to the commissioner within thirty (30) days after receipt of notice of such action. The commissioner, after a hearing held upon not less than ten (10) days written notice to the appellant and insurer, may affirm, modify or reverse such action.