All bonds issued under Sections 21-27-161 through 21-27-191 shall be and are hereby exempt from inclusion in debts in determining whether additional bonds may be issued by such municipality and are declared to be legal and authorized investments for banks, savings banks, trust companies, building and loan associations, savings and loan associations, insurance companies, fiduciaries, trustees and for the sinking fund of municipalities, towns, villages, school districts or any other political corporation or subdivision of the State of Mississippi.
Structure Mississippi Code
Chapter 27 - Public Utilities and Transportation
Metropolitan Area Waste Disposal
§ 21-27-161. Declaration of purpose; short title
§ 21-27-167. Acquisition of necessary property by municipality
§ 21-27-169. Municipality may obtain federal assistance
§ 21-27-171. Contracts with municipalities
§ 21-27-173. Payments by public agency under contract
§ 21-27-175. Public agency may levy ad valorem tax
§ 21-27-177. Public agency to make necessary adjustments of rates
§ 21-27-179. Issuance of bonds by municipality
§ 21-27-181. Municipality to make necessary adjustments of rates
§ 21-27-183. Validation of bonds
§ 21-27-185. Investment of bond proceeds
§ 21-27-187. Bonds exempt from inclusion in debt-limitations; bonds are legal investments