Mississippi Code
Chapter 9 - Insolvent Banks
§ 81-9-35. Dividends by receiver

From time to time, upon order of the chancellor, the receiver shall pay dividends to such persons as may by right be thereunto entitled, and it shall be the duty of the receiver paying dividends to make every reasonable effort to locate the party or parties entitled thereto.

Structure Mississippi Code

Mississippi Code

Title 81 - Banks and Financial Institutions

Chapter 9 - Insolvent Banks

§ 81-9-1. Capital stock impaired; how restored

§ 81-9-3. Transfers by banks and other acts in contemplation of insolvency

§ 81-9-5. Closing insolvent banks

§ 81-9-7. Examiner to be placed in charge

§ 81-9-9. Conservation of assets; title

§ 81-9-11. Sale of assets of insolvent bank

§ 81-9-13. Reopening banks under "freezing of deposits" agreements

§ 81-9-15. Limitation on custodial period; approval of acts involving discretion or judgment

§ 81-9-17. Receiver to be appointed

§ 81-9-19. Surrender of assets to receiver; reports

§ 81-9-21. Bond of receiver

§ 81-9-23. Duties of receiver

§ 81-9-25. Receivers empowered to borrow money

§ 81-9-27. Receivers may sell assets of insolvent banks

§ 81-9-29. Liquidation; separate assets for creditors; corporate stock

§ 81-9-31. Proof of claims

§ 81-9-33. Inventory and books by the receiver

§ 81-9-35. Dividends by receiver

§ 81-9-39. Compensation and expenses of receiver and attorney

§ 81-9-41. Liquidation of solvent bank

§ 81-9-43. Procedure to obtain depositors' liquidation

§ 81-9-45. Petition and decree thereon

§ 81-9-47. Effect of decree

§ 81-9-49. General powers of liquidating corporation

§ 81-9-51. Double liability of certain stockholders released

§ 81-9-53. Bond of directors; compensation

§ 81-9-55. Vacancies and removal of directors

§ 81-9-57. Officers of the corporation

§ 81-9-59. Compensation of liquidator and other employees

§ 81-9-61. Exercise of discretion without approval of court

§ 81-9-63. Sale of assets to going bank

§ 81-9-65. Corporation and directors may be restrained

§ 81-9-67. Liquidating corporations may apply to court for directions

§ 81-9-69. Records and inspection thereof

§ 81-9-73. When Federal Deposit Insurance Corporation or any similar corporation to be appointed receiver

§ 81-9-75. Priority of claims for payment against certain insolvent banks upon liquidation or upon execution of purchase of assets and assumption of liabilities