81-5-11 - State banks may become members of Federal Reserve Bank.
§ 81-5-11. State banks may become members of Federal Reserve Bank.
Any bank or trust company incorporated under the laws of Mississippi shall have power to subscribe to the capital stock and become a member of a Federal Reserve bank created and organized under the act of congress of the United States approved December 23, 1913, and known as the Federal Reserve Act and its amendments.
Sources: Codes, 1942, § 5283; Laws, 1934, ch. 146.