Mississippi Code Title 81. Banks and Financial Institutions § 81-25-155

(1) Each foreign bank which is licensed to establish and maintain a Mississippi state branch or Mississippi state agency in Mississippi shall keep the assets of its business in the State of Mississippi separate and apart from the assets of its business outside the State of Mississippi.

(2) The creditors of a foreign bank arising out of transactions with, and recorded on the books of, its Mississippi state branch or Mississippi state agency shall be entitled to absolute preference and priority over the creditors of such foreign bank's offices located outside the State of Mississippi with respect to the assets of such foreign bank in the State of Mississippi.