Notice and opportunity for a hearing shall be provided before any of the foregoing actions may be undertaken by the commissioner. However, in cases involving extraordinary circumstances requiring immediate action, the commissioner may take such action, but shall promptly afford a subsequent hearing upon application to rescind the action taken.
Structure Mississippi Code
Title 81 - Banks and Financial Institutions
Chapter 27 - Multistate, State and Limited Liability Trust Institutions
Article 7 - Enforcement Actions
Enforcement Orders; Trust Company Management
§ 81-27-7.101. Administrative orders; penalties for violation
§ 81-27-7.102. Notice and opportunity for hearing
§ 81-27-7.103. Subpoena power and examination under oath