All revenue bonds issued under the provisions of this chapter shall be legal investments for trustees, other fiduciaries, savings banks, trust companies, and insurance companies organized under the laws of the State of Mississippi; and such revenue 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 public subdivisions for the purpose of securing the deposit of public funds.
Structure Mississippi Code
§ 37-104-3. Legislative determination; declaration of purpose
§ 37-104-7. Creation of Authority; nature and administration
§ 37-104-9. General powers of Authority
§ 37-104-11. Payment of expenses; liability
§ 37-104-13. Declaration of need by private institution
§ 37-104-15. Investigation by Authority
§ 37-104-17. Issuance of revenue bonds
§ 37-104-19. Bond loan agreement
§ 37-104-21. Negotiability of bonds and coupons; tax exemption
§ 37-104-25. Disposition of sale proceeds; issuance of additional revenue bonds
§ 37-104-27. Proceedings and conditions for issuance of bonds; validation
§ 37-104-29. Liability of state on bonds
§ 37-104-31. Allocation of payments by private institutions; sinking fund
§ 37-104-33. Rights of bond and coupon holders
§ 37-104-35. Issuance of refunding bonds
§ 37-104-37. Bonds as legal investments and securities
§ 37-104-39. Acceptance of grants, loans, aid, or contributions
§ 37-104-41. Monies received deemed trust funds
§ 37-104-43. Withdrawals from Educational Facilities Authority Fund