If the commissioner approves the merger and finds that all required filing fees and investigative costs have been paid, the commissioner shall:
A merger is effective on the date of approval, unless the merger agreement provides and the commissioner consents to a different effective date.
Structure Mississippi Code
Title 81 - Banks and Financial Institutions
Chapter 27 - Multistate, State and Limited Liability Trust Institutions
Article 6 - Additional Definitions; Ownership; Governance; Mergers
Merger, Consolidation, Transfer of Assets
§ 81-27-6.401. Merger authority
§ 81-27-6.402. Merger application
§ 81-27-6.403. Approval of commissioner
§ 81-27-6.404. Rights of dissenters to mergers
§ 81-27-6.405. Authority to act as disbursing agent
§ 81-27-6.406. Liquidation of selling state trust company