As Amended
SEC. 81-25-111. License prohibitions.
(1) No foreign bank which is licensed under this chapter to establish and maintain a Mississippi state branch or Mississippi state agency shall concurrently maintain a federal branch or federal agency in the State of Mississippi.
(2) No foreign bank which maintains a federal branch or federal agency in the State of Mississippi shall concurrently be licensed under this chapter to maintain a Mississippi state branch or Mississippi state agency.
SOURCES: Laws, 1996, ch. 441, Sec. 29, eff from and after May 1, 1997