Mississippi Code
Article 2 - Incorporation and Organization
§ 81-14-77. Licensing

A newly chartered savings bank shall be entitled to a license fee to operate upon payment to the department of the appropriate license fee as prescribed by the commissioner and upon evidence presented to the commissioner of the following:
Capable, efficient and equitable management;
Organization of the savings bank pursuant to law;
Completion of the organization of the savings bank; and
Passage of final inspection by the commissioner or his representative.

Structure Mississippi Code