Notice shall be given by advertisement once a week for four (4) consecutive weeks in a newspaper published in the county where the state trust company is located, or if no newspaper is published in the county, then in some newspaper having a general circulation in the county, calling on all persons who may have claims against the state trust company to present the same to the commissioner at the office of the state trust company, and within the time to be specified in the notice which time shall not be less than ninety (90) days from the date of the first publication. A copy of this notice shall be mailed to all persons whose names appear as creditors upon the books of the state trust company. Affidavit by the commissioner, or agent mailing the notice, to the effect that the notice was mailed shall be conclusive evidence thereof.
Structure Mississippi Code
Title 81 - Banks and Financial Institutions
Chapter 27 - Multistate, State and Limited Liability Trust Institutions
Article 8 - Dissolution and Receivership; Conservatorship
Involuntary Dissolution and Liquidation
§ 81-27-8.101. When commissioner may take charge
§ 81-27-8.102. Directors may act
§ 81-27-8.103. Notice of seizure; bar to attachment
§ 81-27-8.105. Permission to resume business
§ 81-27-8.106. Remedy for seizure; answer to notice, injunction; and appeal
§ 81-27-8.108. Bond of the commissioner; surety; condition; minimum penalty
§ 81-27-8.110. Notice and time for filing claims
§ 81-27-8.111. Power to reject claims; notice; affidavit of service; action on claims
§ 81-27-8.112. List of claims presented and deposits; copies; proviso
§ 81-27-8.113. Declaration of dividends; order of preference in distribution
§ 81-27-8.114. Deposit of funds collected
§ 81-27-8.115. Employment of counsel; accountants; and other experts; compensation
§ 81-27-8.116. Unclaimed dividends held in trust
§ 81-27-8.117. Action by the commissioner following full settlement
§ 81-27-8.118. Annual report of the commissioner; items included
§ 81-27-8.119. Compensation of the commissioner
§ 81-27-8.120. Exclusive method of liquidation
§ 81-27-8.121. Disposition of books and records
§ 81-27-8.122. Destruction of books and records
§ 81-27-8.123. Trust terminated on insolvency of state trust company
§ 81-27-8.124. Petition for new trustee
§ 81-27-8.125. Publication and notice
§ 81-27-8.126. Appointment where no objection made
§ 81-27-8.127. Hearing upon objection
§ 81-27-8.128. Registration of final order
§ 81-27-8.129. Petition and order applicable to all instruments