101. Companies authorized to act as a fiduciary.
Miss. Code Ann. § 81-27-1.101
in effectNo company shall act as a fiduciary in this state except:
A state trust company; A state bank; A savings association organized under the laws of this state and authorized to act as a fiduciary pursuant to Section 81-12-1 et seq. or Section 81-14-1 et seq.; A national bank having its principal office in this state and authorized by the Comptroller of the Currency to act as a fiduciary pursuant to 12 USCS 92a; A federally chartered savings association having its principal office in this state and authorized by its federal chartering authority to act as a fiduciary; An out-of-state bank with a branch in this state established or maintained pursuant to Section 81-23-1 et seq. or a trust office licensed by the commissioner pursuant to this chapter; An out-of-state trust company with a trust office licensed by the commissioner pursuant to this chapter; or A foreign bank with a trust office licensed by the commissioner pursuant to this chapter.
No company shall engage in an unauthorized trust activity.
Source: Public.Resource.Org MS CodeURL: https://unicourt.github.io/cic-code-ms/transforms/ms/ocms/r78/gov.ms.code.title.81.htmlFetched: 6/10/2026