20 Miss. Code R. § 101-600-603.25
Current through September 24, 2024
Where a bank acts in the capacity of trustee, receiver, administrator, or guardian and employs persons to render services for the corporation in receivership or the estate being administered, paying such persons out of the funds of such trust or estate, the services performed by such persons are not exempt. The trust, company in receivership, or estate, as the case may be, is the employer. Returns and reports must be made in the name of the trust, company in receivership, or estate, by the bank in its fiduciary capacity.
20 Miss. Code. R. § 101-600-603.25