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2015 Mississippi Code
Title 57 - PLANNING, RESEARCH AND DEVELOPMENT
Chapter 44 - LOCAL GOVERNMENTS FREIGHT RAIL SERVICE PROJECTS
§ 57-44-31 - Bonds deemed legal investments and securities

MS Code § 57-44-31 (2015) What's This?

All bonds issued under the provisions of Sections 57-44-11 through 57-44-39 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 which 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.

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