If the commissioner approves the plan, then the plan shall be submitted to the members as hereinafter provided. If he refuses to approve the plan, the commissioner shall state his objections in writing and give the converting savings bank an opportunity to amend the plan to obviate such objections.
Structure Mississippi Code
Title 81 - Banks and Financial Institutions
§ 81-14-101. Conversion to savings bank
§ 81-14-103. Conversion from state to federal charter
§ 81-14-107. Conversion of mutual to stock savings bank
§ 81-14-109. Conversion of stock savings bank to mutual savings bank
§ 81-14-111. Merger of like savings banks
§ 81-14-121. Voluntary dissolution by stockholders or members