The Examiner Field Guide

DBCF INDUSTRY RESOURCES COMMON LAWS & REGULATIONS

MISSISSIPPI CODE OF 1972, ANNOTATED OVERDRAFTS

• 81-1-91 – Overdrafts http://law.justia.com/codes/mississippi/2010/title-81/1/81-1-91/

• 81-5-1(4) – Prohibits overdrafts to State, County & Municipal governments http://law.justia.com/codes/mississippi/2010/title-81/5/81-5-1/

DORMANT ACCOUNTS

• 89-12-5 – Presumed abandonment of property held or owning by bank or other business association (dormant accounts) http://law.justia.com/codes/mississippi/2010/title-89/12/89-12-5/ • 89-12-17 – Additional conditions for presumption of abandonment of intangible personal property http://law.justia.com/codes/mississippi/2010/title-89/12/89-12-17/ • 89-12-19 – Additional conditions for presumption of abandonment of sum payable on money order, traveler’s check and the like http://law.justia.com/codes/mississippi/2010/title-89/12/89-12-19/

• 89-12-23 – Report abandoned property to State Treasurer http://law.justia.com/codes/mississippi/2010/title-89/12/89-12-23/ • 89-12-29 – Deliver abandoned property to State Treasurer http://law.justia.com/codes/mississippi/2010/title-89/12/89-12-29/

LOANS

• 75-17-9 – Applying partial payments http://law.justia.com/codes/mississippi/2010/title-75/17/75-17-9/ • 81-5-51 – Loan Limits to directors and executive officers http://law.justia.com/codes/mississippi/2010/title-81/5/81-5-51/ • 81-5-77 – Limit of loans to single borrower http://law.justia.com/codes/mississippi/2010/title-81/5/81-5-77/ BANK MANAGEMENT

• 81-3-7 – Articles of Incorporation (includes designation of President and Cashier) http://law.justia.com/codes/mississippi/2010/title-81/3/81-3-7/

• 81-3-9 – Number of bank directors required

5

Made with FlippingBook Online newsletter