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No association shall make any management contract with any person or persons extending for more than three (3) years. Contracts in excess of one (1) year shall first be approved by the commissioner. No such contract shall permit an association to be managed on a commission basis.
Cite this article: FindLaw.com - Mississippi Code Title 81. Banks and Financial Institutions § 81-12-93. Management contracts; duration - last updated January 01, 2018 | https://codes.findlaw.com/ms/title-81-banks-and-financial-institutions/ms-code-sect-81-12-93/
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