Mississippi Code
Title 81 - Banks and Financial Institutions
Chapter 15 - Mississippi Rural Credit Law

§ 81-15-1. Title - This chapter shall be known as the "Mississippi Rural Credit...

§ 81-15-3. Purpose - The purpose of this chapter is to promote the welfare...

§ 81-15-5. Definition of term - The word "organization" as used herein shall be construed to...

§ 81-15-7. Number of incorporators required; general provisions - Five or more natural persons may unite to form an...

§ 81-15-9. Articles and bylaws subscribed to - Those desiring to organize hereunder shall subscribe to, and duly...

§ 81-15-11. Amendment of bylaws - The bylaws of any organization formed hereunder may be amended...

§ 81-15-13. Organizations may discount or sell paper to Federal Intermediate Credit Bank - Agricultural credit corporations and agricultural credit cooperative associations organized hereunder...

§ 81-15-15. Organizations may borrow money from Federal Intermediate Credit Bank - Any agricultural credit cooperative association organized hereunder shall have power,...

§ 81-15-17. Discount of note or other obligation to be approved; when interest above eight percent permitted - No organization hereby authorized shall, without the approval of the...

§ 81-15-19. Limit of capital stock to be used for certain purposes - No organization provided for herein shall have power to use...

§ 81-15-21. Officers, directors and stockholders not to be liable - No officer, director, nor stockholder of any organization doing business...

§ 81-15-23. Powers of corporation - Organizations provided for hereunder shall have all the usual powers...

§ 81-15-25. May provide warehouses - Any organization herein provided for may acquire, purchase, own, or...

§ 81-15-27. May contract with warehouse - Any organization herein provided for shall have power to contract...

§ 81-15-29. Money loaned exempt - All money loaned by any organization provided for herein shall...

§ 81-15-31. Amount of capital stock necessary for certain powers - Any corporation, or cooperative association, organized under the laws of...