All bonds issued under the provisions of this chapter 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.
Structure Mississippi Code
Title 31 - Public Business, Bonds and Obligations
Chapter 29 - Institute for Technology Development
§ 31-29-5. Issuance of bonds; repayment; ad valorem tax on property
§ 31-29-7. Bonds to be negotiable instruments; bonds and income tax exempt
§ 31-29-9. Sale of bonds; price; notice of sale
§ 31-29-13. Right of holders of bonds or interest coupons
§ 31-29-15. Necessity of other proceedings or conditions for issuance of bonds; validation of bonds
§ 31-29-17. Bonds as legal investments and securities
§ 31-29-19. Authority for exercise of powers
§ 31-29-21. Withdrawal of funds from Institute for Technology Development Fund