MISSISSIPPI CODE OF 1972
As Amended

SEC. 49-17-199. District bonds as legal investments and securities.

All bonds issued under the provisions of sections 49-17-161 through 49-17-209 shall be legal investments for trustees, other fiduciaries, savings banks, trust companies, and insurance companies organized under the laws of the State of Mississippi; and such bonds shall be legal securities which may be deposited with and shall be received by all public officers and bodies of the state and all municipalities and political subdivisions for the purpose of securing the deposit of public funds.

SOURCES: Laws, 1980, ch. 519, Sec. 20, eff from and after passage (approved May 20, 1980).


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