2016 Mississippi Code
Title 19 - Counties and County Officers
Chapter 29 - Local and Regional Railroad Authorities
§ 19-29-37. Bonds to be legal investments and negotiable instruments
The bonds issued under the provisions of this chapter shall be legal investments for the state, municipal corporations, political subdivisions, public bodies, commercial banks, savings and loan associations and insurance companies organized under the laws of this state.
All bonds and appurtenant coupons issued pursuant to this chapter shall be negotiable instruments within the meaning of the Uniform Commercial Code of the State of Mississippi.
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