As Amended
SEC. 81-25-119. Establishment and maintenance of a Mississippi state representative office.
(1) No foreign bank shall establish or maintain a Mississippi state representative office unless such foreign bank is licensed by the commissioner to maintain such a Mississippi representative office.
(2) Nothing in subsection (1) shall be deemed to prohibit a foreign bank which maintains a federal agency or federal branch in the State of Mississippi from establishing or maintaining one or more Mississippi representative offices.
SOURCES: Laws, 1996, ch. 441, Sec. 33, eff from and after May 1, 1997