If, upon the completion of any examination, the commissioner or an examiner finds that the last public statement of the bank is materially wrong, or that the condition of the bank has materially changed since the last public statement, he may order the bank to publish a new statement based upon the findings of his examination. For failure to promptly publish such statement, the bank shall be liable for a penalty of Five Hundred Dollars ($500.00) for which suit shall be brought by the commissioner for the use of the department if not paid within ten (10) days.
Structure Mississippi Code
Title 81 - Banks and Financial Institutions
Chapter 1 - Department of Banking and Consumer Finance
§ 81-1-59. Department of banking and consumer finance
§ 81-1-61. Commissioner of Banking and Consumer Finance; qualifications; term of office; vacancies
§ 81-1-63. Deputy commissioner; duties; qualifications; dismissal
§ 81-1-67. Oath of office and bond
§ 81-1-69. Salaries of commissioner and deputy commissioner
§ 81-1-71. Reimbursement of travel expenses; annual audit
§ 81-1-75. Furniture, fixtures, equipment and department expenses
§ 81-1-79. Attorney general as legal adviser; special counsel
§ 81-1-83. Powers and duties of officer making examination
§ 81-1-85. Witnesses' attendance may be compelled; penalty for false statements
§ 81-1-87. Testimony to be taken by stenographer; compensation of stenographer
§ 81-1-91. Past due paper; certain items to be charged off
§ 81-1-93. Special examinations and special services; cost and expenses
§ 81-1-95. New statement may be ordered after finding of material changes or errors
§ 81-1-97. Call reports by banks; attestation
§ 81-1-101. False statement of bank official; penalty
§ 81-1-105. Injunction against commissioner by bank
§ 81-1-107. Assessment against banks for maintenance fund
§ 81-1-109. Disbursements from department maintenance fund
§ 81-1-111. Forms and record books to be supplied
§ 81-1-113. Annual report to legislature
§ 81-1-117. Transfer of functions
§ 81-1-125. Commissioner to issue orders for supervisory control with regard to banks
§ 81-1-129. Appeal of cease and desist order
§ 81-1-131. Fines and penalties; reimbursement