Mississippi Code Title 81. Banks and Financial Institutions § 81-14-163

(1) The commissioner may direct the making of test appraisals of real estate and other collateral securing loans made by savings banks doing business in this state, employ competent appraisers, or prescribe a list from which competent appraisers may be selected, for the making of such appraisals by the commissioner, or any and all other acts incident to the making of such test appraisals.

(2) In lieu of such appraisals, the commissioner may accept an appraisal caused to be made by the insurer of accounts.

(3) The expense and cost of test appraisals made pursuant to this section shall be defrayed by the savings bank subjected to such test appraisals. Each savings bank doing business in this state shall pay all reasonable costs and expenses of such test appraisals when directed.