The commissioner, after notice and opportunity for a hearing, may revoke a license to establish and maintain a Mississippi representative office if he or she finds:
The foreign bank has violated any provision of this chapter or any other law, rule or regulation of the State of Mississippi; or
Any fact or condition exists which, if it had existed at the time of the foreign bank's original application for such license, would have resulted in the commissioner refusing to issue such license to the foreign bank.
Structure Mississippi Code
Title 81 - Banks and Financial Institutions
Chapter 25 - The Mississippi International Banking Act
Article 5 - Direct Offices of Foreign Banks
§ 81-25-105. Application to procure a license
§ 81-25-125. Permissible activities
§ 81-25-127. Revocation of license
§ 81-25-129. Posting of license
§ 81-25-131. License transfer restriction
§ 81-25-137. Filing of amendments to articles of incorporation
§ 81-25-141. Notice of acquisition or merger
§ 81-25-151. All reports subject to subpoena and public access
§ 81-25-153. Records to be kept and made available upon request by commissioner
§ 81-25-163. Ratio of assets to liabilities
§ 81-25-167. Suspension or revocation of license
§ 81-25-169. Authority of of commissioner to suspend or revoke license