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

MS Code § 81-9-61 (2019) (N/A)
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(a) Employ and fix the compensations of the liquidator, counsel and other employees;

(b) Lease premises to be occupied by the corporation as business quarters;

(c) Borrow money, execute promissory notes, and pledge or mortgage the assets of the corporation;

(d) Compromise or extend indebtedness due the bank being liquidated, and release and surrender securities and collaterals;

(e) Compromise claims against the bank;

(f) Sell any or all assets of the bank for cash or on other terms;

(g) Barter or exchange any assets of the bank for other property;

(h) Lease any property belonging to the bank;

(i) Pay dividends to creditors or stockholders of the bank.

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