SEC. 43-27-229. Bonds as legal investments.
All bonds issued under Sections 43-27-207 through 43-27-233 shall be legal investments for trustees and other fiduciaries, and for savings banks, trust companies and insurance companies organized under the laws of the State of Mississippi, and such bonds shall be legal securities that may be deposited with and shall be received by all public officers and bodies of this state and all municipalities and political subdivisions for the purpose of securing the deposit of public funds.
SOURCES: Laws 1994, ch. 652, Sec. 15, eff from and after passage (approved April 8, 1994)