All general obligation bonds of the State of Mississippi and interest coupons issued under the provisions of this chapter shall have and are hereby declared to have all the qualities and incidents of negotiable instruments under the negotiable instruments law of the State of Mississippi. Such bonds and the income therefrom shall be exempt from all taxation within the State of Mississippi.
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