Banks; authorize investments in SBICs incorporated outside MS and in LLCs and LLPs.

An Act To Amend Section 81-5-25, Mississippi Code Of 1972, To Authorize Banks To Invest In Small Business Investment Companies Incorporated Outside Mississippi; To Amend Section 81-5-45, Mississippi Code Of 1972, To Require The Board Of Directors Of A Bank To Meet Quarterly, Unless Otherwise Directed By The Department Of Banking And Consumer Finance Based On An Examination Finding Or Applicable Regulatory Finding; To Delete The Requirement For Periodic Meetings By Executive And Auditing Committees Selected By A Majority Of The Board Of Directors; And For Related Purposes.