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2020 Mississippi Code
Title 41 - Public Health
Chapter 73 - Hospital Equipment and Facilities Authority Act
§ 41-73-53. Pledges
Universal Citation: MS Code § 41-73-53 (2020)
Any pledge made by the authority shall be valid and binding from the time when the pledge is made. The revenue, money or properties so pledged and thereafter received by the authority shall immediately be subject to the lien of such pledge without any physical delivery thereof. Neither the resolution nor any other instrument by which a pledge is created need be recorded.
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