2015 Mississippi Code
Title 59 - PORTS, HARBORS, LANDINGS AND WATERCRAFT
Chapter 5 - STATE PORTS AND HARBORS
§ 59-5-43 - Negotiability of bonds; exemption from taxation
All bonds and interest coupons issued under the provisions of this chapter shall be and are hereby declared to have all the qualities and incidents of negotiable instruments under the provisions of the Mississippi Uniform Commercial Code and in exercising the powers granted by this chapter, the board and/or state bond commission shall not be required to and need not comply with the provisions of the Uniform Commercial Code. Such bonds and income therefrom shall be exempt from all taxation within the State of Mississippi.
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