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Involuntary Dissolution and Liquidation
Law
Mississippi Code
Banks and Financial Institutions
Multistate, State and Limited Liability Trust Institutions
Dissolution and Receivership; Conservatorship
Involuntary Dissolution and Liquidation
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Section
81-27-8.101
When commissioner may take charge
Section
81-27-8.102
Directors may act
Section
81-27-8.103
Notice of seizure; bar to attachment
Section
81-27-8.104
Notice to trust institutions, corporations and others holding assets; liens not to accrue
Section
81-27-8.105
Permission to resume business
Section
81-27-8.106
Remedy for seizure; answer to notice, injunction; and appeal
Section
81-27-8.107
Collection of debts and claims; commissioner succeeds to all property of the state trust company
Section
81-27-8.108
Bond of the commissioner; surety; condition; minimum penalty
Section
81-27-8.109
Inventory
Section
81-27-8.110
Notice and time for filing claims
Section
81-27-8.111
Power to reject claims; notice; affidavit of service; action on claims
Section
81-27-8.112
List of claims presented and deposits; copies; proviso
Section
81-27-8.113
Declaration of dividends; order of preference in distribution
Section
81-27-8.114
Deposit of funds collected
Section
81-27-8.115
Employment of counsel; accountants; and other experts; compensation
Section
81-27-8.116
Unclaimed dividends held in trust
Section
81-27-8.117
Action by the commissioner following full settlement
Section
81-27-8.118
Annual report of the commissioner; items included
Section
81-27-8.119
Compensation of the commissioner
Section
81-27-8.120
Exclusive method of liquidation
Section
81-27-8.121
Disposition of books and records
Section
81-27-8.122
Destruction of books and records
Section
81-27-8.123
Trust terminated on insolvency of state trust company
Section
81-27-8.124
Petition for new trustee
Section
81-27-8.125
Publication and notice
Section
81-27-8.126
Appointment where no objection made
Section
81-27-8.127
Hearing upon objection
Section
81-27-8.128
Registration of final order
Section
81-27-8.129
Petition and order applicable to all instruments
Section
81-27-8.130
Additional remedy
Section
81-27-8.131
Report to the Secretary of State