Any county failing to secure a county depository by the advertisement to the qualified financial institutions of the county and of the adjoining counties, shall readvertise at any subsequent meeting of the board of supervisors, and as soon as possible, for bids for a county depository. Such notice shall be published once a week for three (3) weeks in some newspaper published in the county, and in a daily newspaper in Jackson, Mississippi, and shall state that the proposal is open to any qualified financial institution in the state, and that financial institutions outside of the county shall have preference over county financial institutions.
Structure Mississippi Code
Title 27 - Taxation and Finance
Article 3 - Depositories for Funds of Local Governments
§ 27-105-301. Levee district depositories
§ 27-105-303. Establishment of county depositories
§ 27-105-307. When no bids submitted; board to readvertise
§ 27-105-309. When banks in county fail to respond
§ 27-105-311. State Treasurer to aid in selection
§ 27-105-313. Obstructing bids; penalty for
§ 27-105-317. Commission of depository
§ 27-105-321. Receipts in triplicate to be issued for deposits; disposition of same
§ 27-105-323. Detailed reports made to supervisors of receipts and disbursements by depositories
§ 27-105-325. How tax collectors to settle with county treasury
§ 27-105-327. Amount to be paid by depositories for privilege of keeping funds; how computed
§ 27-105-329. Failure to pay county warrants
§ 27-105-331. Acquisition of closed depository securities
§ 27-105-333. Alternative method of selecting depositories
§ 27-105-335. Designation of depository for county by Commissioner of Banking and Consumer Finance
§ 27-105-337. Tax collector to deposit funds
§ 27-105-339. Insufficient depository
§ 27-105-341. Sections 27-105-333 through 27-105-339 cumulative
§ 27-105-343. Chancery clerks to perform duties of county treasurers
§ 27-105-345. Traffic in public funds prohibited; penalty therefor
§ 27-105-349. County withdrawal of bonds pledged or filed as security
§ 27-105-351. Drainage district funds; how dealt with
§ 27-105-353. Method of selecting municipal depositories
§ 27-105-355. Security on bond
§ 27-105-357. Duties of depository; penalty for making profit or removing funds
§ 27-105-359. Municipal withdrawal of bonds pledged or filed as security
§ 27-105-361. Banks failing to qualify, treasurer to be selected or depository designated
§ 27-105-363. Term of office of depository
§ 27-105-365. Depository for county and municipal hospital funds; investments