reglab/housing_qa huggingface dataset:
MS Code § 81-1-131 (2020)
2020 Mississippi Code|Title 81 - Banks and Financial Institutions|Chapter 1 - Department of Banking and Consumer Finance|§ 81-1-131. Fines and penalties; reimbursement

 No person who is fined or penalized for a violation of any criminal provision of this chapter shall be reimbursed or indemnified in any fashion by the bank for such fine or penalty.
MS Code § 81-1-133 (2020)
2020 Mississippi Code|Title 81 - Banks and Financial Institutions|Chapter 1 - Department of Banking and Consumer Finance|§ 81-1-133. Cumulative penalties, fines and remedies

 All penalties, fines and remedies provided by this chapter shall be cumulative.
MS Code § 81-1-135 (2020)
2020 Mississippi Code|Title 81 - Banks and Financial Institutions|Chapter 1 - Department of Banking and Consumer Finance|§ 81-1-135. Consumer industry licensees required to participate in multistate licensing system

  The Legislature finds that a uniform multistate administration of a multistate licensing system for consumer industry licensees regulated by the Department of Banking and Consumer Finance is consistent with both the public interest and the provisions of law regulating those licensees; therefore, the Commissioner of Banking and Consumer Finance may require consumer industry licensees to participate in a multistate licensing system.   Nothing in this section shall authorize the commissioner to require any person exempt from licensure under the provisions of law regulating consumer industry licensees to participate in the multistate licensing system.   The commissioner may establish, by rule, regulation or order, requirements as necessary, including, but not limited to:   Background checks for:   Criminal history through fingerprint or other databases;   Civil or administrative records;   Credit history; or   Any other information as deemed necessary by the multistate licensing system.     The payment of fees to apply for or renew licenses through the multistate licensing system.   The setting or resetting as necessary of renewal or reporting dates; and   Requirements for amending or surrendering a license or any other such activities as the commissioner deems necessary for participation in the multistate licensing system.     Any person engaged in activity that requires licensure pursuant to this section shall utilize the multistate licensing system for application, renewal, amendment, surrender and any other activity as the commissioner may require, and shall pay all applicable charges to utilize the multistate licensing system.   The commissioner is authorized to establish relationships or contacts with the multistate licensing system or other entities designated by the multistate licensing system to collect and maintain records and process transaction fees or other fees related to licensees.
MS Code § 81-1-137 (2020)
2020 Mississippi Code|Title 81 - Banks and Financial Institutions|Chapter 1 - Department of Banking and Consumer Finance|§ 81-1-137. Financial literacy programs for the public

 The department may establish programs for the education of the public with respect to financial literacy, any provision of this title, or any industry regulated by the department. The department and the Office of Consumer Protection under its authority to establish programs for the education of the public under Section 75-24-21 may coordinate their efforts for the education programs authorized for the department under this section.
MS Code § 81-3-1 (2020)
2020 Mississippi Code|Title 81 - Banks and Financial Institutions|Chapter 3 - Incorporation and Organization of Banks|§ 81-3-1. Definition of words "bank," "corporation," "eligible bank," as used in title

 Whenever the word "bank" is used in any statute, unless the context clearly shows that it is intended to be limited in its application to a particular character of bank, it shall include trust companies, savings banks, branches of banks and trust companies, and all other institutions subject to the provisions of this title. The term "corporation," when used in this title, or "trust company" when used in this title, shall be construed and held to embrace every character of bank, branch bank, trust company or any branch thereof, which is subject to the jurisdiction of the Department of Banking and Consumer Finance. The term "eligible banks," when used in this title, means an institution which is well capitalized as defined by regulations of the Federal Deposit Insurance Corporation, has examination ratings of two (2) or higher, has Community Reinvestment Act (CRA) ratings of satisfactory or higher, and has no supervisory enforcement actions pending.
MS Code § 81-3-3 (2020)
2020 Mississippi Code|Title 81 - Banks and Financial Institutions|Chapter 3 - Incorporation and Organization of Banks|§ 81-3-3. Use of words "bank," "banking," "bankers," "trust company," etc.; supervision and assessment of banks

 Every banking corporation organized under the laws of this state shall include the word "bank" or "banking" in its name. No corporation hereafter organized shall include in its name the words "bank," "banker," "bankers," "banking" or "trust company," or any of them, or any combination thereof, or any words of similar import, unless such corporation shall, by the express provisions of its charter, be limited solely to the doing of a banking or trust business, or a combination of banking and trust business as contemplated in this chapter; and all such corporations shall be incorporated and organized under and pursuant to the terms of this chapter providing for the incorporation of banking corporations and not otherwise.   Every corporation organized under the laws of this state for the purpose of conducting or carrying on a commercial banking business, or the business of a savings bank, or trust company, or the exercise of trust powers as defined in this title, or any combination thereof, shall be subject to supervision by the department of bank supervision and the state comptroller, and to assessments for the maintenance of said department as provided by law.
MS Code § 81-3-5 (2020)
2020 Mississippi Code|Title 81 - Banks and Financial Institutions|Chapter 3 - Incorporation and Organization of Banks|§ 81-3-5. Incorporation of banks

 Five or more persons of full age and of good moral and sound business character may organize themselves into a banking corporation. Banking corporations may be created for the purpose of conducting and carrying on a bank and trust company business, such trust company business to be limited as herein provided, and to establish offices of loan and deposit to be known as savings banks, or to establish banks having departments for carrying on all of the above classes of business; and said banking corporations may, under the provisions of the banking laws of Mississippi, establish branch banks and branch offices within territorial limitations as hereinafter provided in Chapter 7 of this title. No private individual, or partnership, or association of persons other than a corporation shall be allowed to conduct any type of banking business within this state.
MS Code § 81-3-7 (2020)
2020 Mississippi Code|Title 81 - Banks and Financial Institutions|Chapter 3 - Incorporation and Organization of Banks|§ 81-3-7. Articles of incorporation

 The articles of incorporation of every banking corporation shall be signed and acknowledged before an officer authorized by the laws of this state to take acknowledgments and shall specify:   The name assumed by such corporation which shall be in no material respect similar to the name of any other corporation organized under the laws of this state.   The county and city, town or village where such corporation will be domiciled and conduct its business.   The nature of its business, whether that of a commercial bank, savings bank, trust company or any combination thereof.   That the amount of capital stock shall be divided into shares of not less than One Dollar ($1.00) each.   The names and places of residence of the stockholders and the number of shares held by each of them.   The period for which the corporation is organized which shall not exceed ninety-nine (99) years, but which may be renewed for additional periods of ninety-nine (99) years each, as set out in Section 81-3-15.   The articles of incorporation shall be executed in triplicate, and after the proper incorporation fee has been paid, and the articles approved by the Secretary of State, the State Comptroller, the Attorney General and the Governor, one (1) copy shall be filed in the office of the Secretary of State and recorded there as required by law; one (1) copy in the office of the Department of Bank Supervision and one (1) copy filed for record in the office of the chancery clerk of the county in which the banking corporation is domiciled, and then returned to said banking corporation and kept in its files.   Every banking corporation shall adopt appropriate bylaws to govern its operation, which shall harmonize with the provisions of its articles of incorporation and the laws of the state. Every banking corporation shall designate a person to serve as president and a person to serve as cashier.   When the period of existence of a banking corporation heretofore created for a period of fifty (50) years shall expire, if such banking corporation shall continue to do business thereafter for a period of ninety (90) days, the same shall operate as an acceptance of an extension of the life of such banking corporation to a full period of ninety-nine (99) years from the date of the original charter thereof, and such banking corporation shall continue in existence as a de jure corporation as fully and completely as if the charter thereof had been thus amended prior to the end of the original period of fifty (50) years.
MS Code § 81-3-9 (2020)
2020 Mississippi Code|Title 81 - Banks and Financial Institutions|Chapter 3 - Incorporation and Organization of Banks|§ 81-3-9. Number of directors; payment for capital stock; increases in authorized but unissued capital stock

 Every banking corporation shall have at least five (5) directors, and before transacting any business its entire capital stock shall be paid in full in cash except as herein otherwise provided.   Any banking corporation, with the approval of the state comptroller, by amendment to its articles of incorporation approved by the affirmative vote of stockholders owning two-thirds (2/3) of the capital stock of the banking corporation entitled to vote, at a meeting setting forth the purpose thereof, may authorize an increase in the capital stock of the banking corporation in the category of authorized but unissued capital stock, either with or without preemptive rights, provided that the total authorized amount of such authorized but unissued capital stock shall not exceed fifteen percent (15%) of the amount issued and outstanding capital stock of such banking corporation entitled to vote on the amendment authorizing such authorized but unissued capital stock. Authorized but unissued capital stock may be issued, from time to time, as stock dividends or for such other purposes and considerations as may be approved by the stockholders, the board of directors of the banking corporation and by the state comptroller.
MS Code § 81-3-15 (2020)
2020 Mississippi Code|Title 81 - Banks and Financial Institutions|Chapter 3 - Incorporation and Organization of Banks|§ 81-3-15. Renewals and amendments of charters

 The charter or articles of incorporation of banking corporations heretofore created or that may hereafter be created, may be renewed or amended in the following manner:   The stockholders in a special or regular meeting, shall first, by a vote of a majority in amount of all stock outstanding, adopt a resolution setting forth the proposed renewal or amendment, subject to the approval of the state comptroller. Three copies of such resolution duly certified by the president or vice-president of such bank shall be forwarded to the state comptroller for his approval, together with the fee required by statute. If the proposed amendment is approved by the state comptroller, he shall attach his certificate of approval to each of the copies and forward all three copies to the Attorney General for his approval, and shall forward the fee required by statute to the Secretary of State. If and when approved by the Attorney General, all three copies of said amendment shall be forwarded to the Governor for his approval, and when approved by him shall be forwarded by the Governor to the Secretary of State. The Secretary of State shall retain one copy and file and record the same in his office. He shall forward one copy thereof to the state comptroller, who shall retain and file the same in his office. The remaining copy shall be returned to the bank, and the bank shall immediately record the same in the office of the chancery clerk of the county in which the bank is domiciled. Said copy after being so recorded, shall be returned to the bank and retained by it in its files. It shall not be necessary to publish such renewal or amendment.
MS Code § 81-3-17 (2020)
2020 Mississippi Code|Title 81 - Banks and Financial Institutions|Chapter 3 - Incorporation and Organization of Banks|§ 81-3-17. Ownership by holding company

  Subject to the prohibitions provided in Section 81-5-28, Mississippi Code of 1972, but notwithstanding any other provision of law, any bank may simultaneously with its incorporation provide for its ownership by a holding company.   Subject to the prohibitions provided in Section 81-5-28, Mississippi Code of 1972, but notwithstanding any other provision of law, any bank may reorganize its ownership to provide for ownership by a holding company upon adoption of a plan of reorganization by a favorable vote of not less than two-thirds (2/3) of the members of the board of directors of the bank and approval of such plan of reorganization by the holders of not less than a majority of the issued and outstanding shares of stock of the bank. The plan of reorganization shall provide that (a) the resulting ownership shall be vested in a Mississippi corporation; (b) all stockholders of the stock bank shall have the right to exchange shares; (c) the exchange of stock shall not be subject to state or federal income taxation; (d) stockholders not wishing to exchange shares shall be entitled to dissenters' rights as provided under Section 79-4-13.01 et seq., Mississippi Code of 1972; and (e) the plan of reorganization is fair and equitable to all stockholders.
MS Code § 81-7-3 (2020)
2020 Mississippi Code|Title 81 - Banks and Financial Institutions|Chapter 7 - Branch Banks|§ 81-7-3. How branch banks to be named

 The name of all branch banks in this state shall include the name of the parent bank, followed by the name of the municipality in which the branch is domiciled, followed in turn by the word "branch", and such name shall be prominently displayed upon the branch bank premises. Where an established bank is annexed or merged as a branch bank, then the name of the bank so annexed or merged may be retained if followed by appropriate words indicating it as a branch of the parent bank.
MS Code § 81-7-7 (2020)
2020 Mississippi Code|Title 81 - Banks and Financial Institutions|Chapter 7 - Branch Banks|§ 81-7-7. Establishment of branch banks de novo or by merger or consolidation

  For purposes of this section and Section 81-7-8, "branch bank de novo" or "branching de novo" refers to a branch established by the opening of a new branch bank and includes a branch bank or branch office acquired from another bank without acquiring substantially all of the assets of the other bank.   Subject to the restrictions contained in Section 81-7-8, a bank may establish:   Branch banks de novo within the applicable radius from the parent bank, as specified in subsection (5) of this section, subject to compliance with the procedures set forth in Section 81-7-1;   Branch banks by the merger or consolidation with, or the purchase of all or substantially all of the assets of, any other bank located in Mississippi; and   Branch banks de novo in accordance with subsection (3) of this section, subject to compliance with the procedures set forth in Section 81-7-1.  Compliance with the procedures set forth in Section 81-7-1 is not required to establish branch banks under paragraph (b) of this subsection.      Subject to the restrictions contained in Section 81-7-8, after the establishment of a branch bank or branch banks outside of the applicable radius from the parent bank (of the surviving bank for branching purposes), as specified in subsection (5) of this section, as a result of a transaction pursuant to subsection (2)(b) of this section, a bank may establish branch banks de novo:   In any county where any such branch bank established under subsection (2)(b) is located; and   If any such branch bank established under subsection (2)(b) is located in a town or city situated in two (2) or more counties, in any of such counties; and   If any such branch bank established under subsection (2)(b) is located in an area designated as a Metropolitan Statistical Area by the United States Office of Management and Budget or any successor designation based upon substantially the same criteria, throughout such area so designated, or if such area is not entirely located in Mississippi then throughout the portion of such area located in Mississippi.     The bank resulting from a merger, consolidation or purchase may retain and operate as branch banks any of the parent offices, branch banks or branch offices of the banks participating in the transaction.   For the purposes of this section, the applicable radius from the parent bank shall be:   One hundred (100) miles, from July 1, 1986, through June 30, 1987;   One hundred fifty (150) miles, from July 1, 1987, through June 30, 1988;   Two hundred (200) miles, from July 1, 1988, through June 30, 1989;   The geographical boundaries of the State of Mississippi, from and after July 1, 1989.
MS Code § 81-7-9 (2020)
2020 Mississippi Code|Title 81 - Banks and Financial Institutions|Chapter 7 - Branch Banks|§ 81-7-9. Capital requirements for branch banking system

 All parent banks permitted to establish branch banks shall have capital sufficient to meet the requirements of the commissioner and/or other supervising federal regulatory agencies.
MS Code § 81-7-11 (2020)
2020 Mississippi Code|Title 81 - Banks and Financial Institutions|Chapter 7 - Branch Banks|§ 81-7-11. Issues of stock for annexation of branches

 Subject to the provisions of subsections (2), (3) and (4) of Section 81-7-8, a bank may annex actively operating unit banks as branch banks by exchanging its own increase of common or preferred capital shares, issued for such annexation purpose, for the capital shares of the bank proposed to be annexed as a branch. Also a bank may annex branch banks by issuing additional common or preferred shares to be exchanged for the assets of closed banks, including assets other than cash. All transactions authorized by this section shall first be submitted in writing in full detail to the commissioner, and shall not be effective until he shall have made a careful analysis and investigation of the soundness of the proposed transaction, and shall have approved the same in writing. In no instance, however, shall the bank building and fixtures of the operating or closed bank, proposed to be annexed as a branch bank, represent in value more than one-third (1/3) of the amount of stock issued by the parent bank for the purpose of such annexation. For purposes of applying the restrictions of subsections (2) and (3) of Section 81-7-8, the annexation of an actively operating unit bank described herein shall be considered the establishment of a branch by merger.
MS Code § 81-7-13 (2020)
2020 Mississippi Code|Title 81 - Banks and Financial Institutions|Chapter 7 - Branch Banks|§ 81-7-13. Discontinuance and removal of branch banks

 No branch bank in this state may be discontinued or abandoned without the consent in writing of the commissioner first obtained. By and with such consent first obtained, branch banks may be moved from one municipality to another within the restrictions provided in this chapter as to branching de novo. Any established unit bank (branch banks not included) may move from one municipality to a larger municipality, according to the latest federal census, within the county of its domicile, with the written consent and approval of the commissioner. However, any proposed movement of an established unit bank shall be subject to each and every restriction applicable to the location of branch banks as provided in this chapter, and, before giving any such consent and approval, the commissioner shall give to each bank in the county ten (10) days' notice in writing of the application of any bank to move its domicile.
MS Code § 81-7-15 (2020)
2020 Mississippi Code|Title 81 - Banks and Financial Institutions|Chapter 7 - Branch Banks|§ 81-7-15. Examination of branch banks

 The state comptroller shall formulate rules and regulations for the examination of branch bank systems, including provisions for the simultaneous examination of a parent bank and all of its branches, and such rules and regulations when reduced to writing shall be enforced by him as other provisions of the Mississippi Banking Law.
MS Code § 81-7-17 (2020)
2020 Mississippi Code|Title 81 - Banks and Financial Institutions|Chapter 7 - Branch Banks|§ 81-7-17. National banks may establish branches

 National banks are hereby granted the right and authority to establish branches in this state, with the same rights and under the same restrictions as state banks establishing branches. But where federal statutes and regulations impose different restrictions, including minimum capital stock requirements, from those imposed by this state, then such federal restrictions may apply to such national banks instead of those of this state.
MS Code § 81-7-21 (2020)
2020 Mississippi Code|Title 81 - Banks and Financial Institutions|Chapter 7 - Branch Banks|§ 81-7-21. Certain branches not affected

 None of the provisions of Sections 81-7-1, 81-7-3, 81-7-7 and 81-7-9 of this chapter shall be mandatory on branch banks heretofore established and in operation on April 2, 1934, nor on the parent bank of such branch banks so far as such branch banks are concerned, but such parent and branch banks shall continue to operate under the laws in effect immediately preceding the enactment of this chapter, so far as such branch banks already established are concerned. However, when any parent bank now in existence shall hereafter establish a branch bank, it shall so far as such branch banks hereafter established are concerned, comply with this chapter in all respects.
MS Code § 81-7-23 (2020)
2020 Mississippi Code|Title 81 - Banks and Financial Institutions|Chapter 7 - Branch Banks|§ 81-7-23. Application of chapter

 The provisions of this chapter apply to branching within the State of Mississippi by:   Banks chartered by the State of Mississippi or national banks having their headquarters in the State of Mississippi, and   Out-of-state banks which maintain a branch in the State of Mississippi subsequent to an interstate branching transaction pursuant to Chapter 23, Title 81, Mississippi Code of 1972, known as the "Interstate Bank Branching Act."