Authorization to manage bank accounts for funds received as incentives from federal government and as income tax offsets.

Miss. Code Ann. § 43-19-55
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
The State Department of Human Services shall be authorized in maintaining separate accounts with Mississippi banks to handle funds received as incentives from the federal government earned as a result of collecting support and also any funds maintained on deposit as a result of federal and state income tax offsets and any other relevant account, and to aggressively manage the float in these accounts so as to accrue maximum interest advantage of the funds in the account, and to retain all earned interest on these funds to be applied to defray the expenses of the Child Support Unit.

Starting a business in Mississippi? Mississippi LLC guide: costs and requirements