Mississippi Code
Chapter 12 - Savings Associations Law
§ 81-12-223. Cumulative fines and penalties

Mississippi Code

Title 81 - Banks and Financial Institutions

Chapter 12 - Savings Associations Law

§ 81-12-1. Citation of chapter

§ 81-12-3. Definitions

§ 81-12-4. Private corporation laws; application to savings and loan associations

§ 81-12-6. Department of Savings Institutions and Savings Institution Board abolished; transfer of powers, duties, etc. to other agencies

§ 81-12-7. Rights, powers, privileges and duties of board

§ 81-12-9. Determinations of commissioner final; judicial review

§ 81-12-11. Duties of department

§ 81-12-25. Incorporation; petition; fee; articles; bylaws; exhibits

§ 81-12-27. Incorporation; examination and investigation of petition

§ 81-12-31. Incorporation; meeting of board to consider petition; cross-examination of and compelling attendance of witnesses; disposition of petition

§ 81-12-37. Capital stock association; minimum required capital; paid-in surplus; determining and maintaining adequate net worth

§ 81-12-45. Forfeiture of corporate existence; new corporations; extension of time within which to commence business

§ 81-12-49. Powers of associations

§ 81-12-51. Additional powers of capital stock associations

§ 81-12-53. Conversion of association organized under state law into federal association

§ 81-12-55. Conversion of federal association into association organized under state law

§ 81-12-57. Conversion of association organized under state law or of federal association into capital stock association

§ 81-12-59. Conversion of association organized under state law or of federal association into capital stock association; hearing on plan of conversion; notice; costs

§ 81-12-63. Conversion prohibited; exceptions

§ 81-12-65. Reorganization, merger and consolidation of associations

§ 81-12-75. Membership fees prohibited

§ 81-12-79. Call reports

§ 81-12-83. Board of directors to manage business and exercise powers of capital stock association; election of members; term of office; qualifications; oath; vacancies

§ 81-12-85. Bonding of association's officers, attorneys, employees, agents and directors

§ 81-12-87. Fiduciary relationship of directors and officers; disclosure of personal interests; restrictions governing conduct; penalty

§ 81-12-89. Deposit of association funds; approval by directors

§ 81-12-91. Indemnification of director, officer or employee for expenses of action to which he is made a party by reason of his position

§ 81-12-93. Management contracts

§ 81-12-95. Records; minutes of meetings; business transactions

§ 81-12-99. Records; maintenance by means of data processing services

§ 81-12-103. Records; overvaluation of assets

§ 81-12-107. Records; loan and investment

§ 81-12-109. Records; membership and stockholder

§ 81-12-111. Records; reproduction by photostatic, photographic or microfilming process

§ 81-12-113. Reserves

§ 81-12-115. Savings liability of association to equal aggregate amount of savings accounts plus earnings; additions to accounts; responsibility of members for losses; assessment of accounts; declaration of earnings; preferences

§ 81-12-117. Savings accounts

§ 81-12-119. Savings accounts; execution of contract by holder

§ 81-12-121. Savings accounts; evidence of ownership

§ 81-12-123. Savings accounts; lost or destroyed account books or certificates

§ 81-12-125. Savings accounts; inducements to open

§ 81-12-127. Savings accounts; adverse claims to accounts

§ 81-12-129. Savings plans at educational institutions

§ 81-12-131. Payroll savings plans

§ 81-12-133. Attorneys authorized to make withdrawals; revocation of authority

§ 81-12-135. Savings accounts issued to minors or persons under disability; payment of withdrawals; powers of parent or guardian; withdrawals on death of holder

§ 81-12-139. Accounts of administrators, executors, guardians, trustees, and other fiduciaries

§ 81-12-141. Accounts of deceased nonresidents

§ 81-12-143. Payments to successors without administration

§ 81-12-145. Accounts payable at death

§ 81-12-149. Payment of earnings on savings accounts

§ 81-12-151. Withdrawals by savings account holders

§ 81-12-153. Redemptions

§ 81-12-155. Securities in which associations may invest

§ 81-12-157. Association may not invest in security or grant loan when liquid assets are less than five percent of savings liability

§ 81-12-159. Loans and other investments in which associations may invest

§ 81-12-161. Real estate loans to be written on approved loan plans

§ 81-12-163. Borrower's right to select attorney and obtain insurance in connection with loan; rules and regulations governing fire, casualty and title insurance

§ 81-12-165. Payment of expenses in connection with closing of loan; borrower to pay only his own attorney's fee; notice of right to select attorney; right of association to require title insurance

§ 81-12-167. Late payment charges

§ 81-12-169. Reinstatement of loan prior to foreclosure sale

§ 81-12-171. Right of association to deal with successor in interest of real estate securing loan

§ 81-12-173. Right to act to avoid loss

§ 81-12-176. Branch offices; additional types of offices

§ 81-12-179. Order of discontinuance of violation; enforcement in chancery court

§ 81-12-184. Supervisory merger

§ 81-12-185. Restrictions on appointment of conservator or receiver

§ 81-12-191. Federal associations domiciled in state

§ 81-12-193. Fees

§ 81-12-195. Offering and sale of savings accounts exempt from securities regulations

§ 81-12-197. Acknowledgment or proof of written instrument in which association interested; membership or employee status of public officer taking as affecting validity

§ 81-12-199. Untrue, false and malicious statements calculated to injure reputation or business of certain savings associations; penalty for making

§ 81-12-201. Advertising for deposits prohibited; exception as to certain state and federal banks, credit unions and associations

§ 81-12-205. Appeal from final rule, regulation or order of commissioner or board

§ 81-12-207. Solicitation of deposits by association or its representatives without complying with provisions of chapter; penalty

§ 81-12-217. Commissioner to issue supervisory control for association

§ 81-12-219. Appeal of cease and desist order

§ 81-12-221. Reimbursement of fines or penalties

§ 81-12-223. Cumulative fines and penalties

§ 81-12-225. Credit allowed; discretion of commissioner

§ 81-12-227. Amount of liability to association for loans

§ 81-12-229. Commissioner to furnish copy of call reports; fee; failure or refusal; misdemeanor