Mississippi Code
Chapter 145 - Mississippi Opportunity Loan Program Act
§ 37-145-37. General obligation bonds legal investments and securities

All bonds issued under the provisions of Sections 37-145-23 through 37-145-41 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

Mississippi Code

Title 37 - Education

Chapter 145 - Mississippi Opportunity Loan Program Act

§ 37-145-1. Short title

§ 37-145-3. Definitions

§ 37-145-5. Mississippi Opportunity Loan Program

§ 37-145-9. Administration of Fund

§ 37-145-11. Board of trustees to serve as direct lender of non-subsidized student loans; general duties

§ 37-145-13. Loan limits; coordination with certain other programs

§ 37-145-15. Eligibility for loans

§ 37-145-17. Disposition of repaid principal and interest

§ 37-145-19. Loans subject to availability of funds

§ 37-145-21. Authority to enter into agreements and contracts

§ 37-145-23. Authority to issue general obligation bonds

§ 37-145-25. Issuance of general obligation bonds

§ 37-145-27. General obligation bonds negotiable and tax exempt

§ 37-145-29. Sale of general obligation bonds; notice of sale

§ 37-145-31. Proceeds of sale of general obligation bonds

§ 37-145-33. Bondholder enforcement of general obligation bond rights

§ 37-145-35. No additional proceedings or happenings necessary for issuance of general obligation bonds; validation of bonds

§ 37-145-37. General obligation bonds legal investments and securities

§ 37-145-39. No additional authority necessary for issuance of general obligation bonds

§ 37-145-41. Attorney for State Bond Commission; expenses of Commission for general obligation bond issuance

§ 37-145-43. Authority to issue student loan revenue bonds; purpose of bonds

§ 37-145-45. Student loan revenue bonds not a public obligation

§ 37-145-47. Issuance of student loan revenue bonds

§ 37-145-49. Terms and conditions related to student loan revenue bonds and their issuance

§ 37-145-51. Pledge upon student loan revenue bonds

§ 37-145-53. Purchase of student loan revenue bonds by issuing company

§ 37-145-55. Security for student loan revenue bonds

§ 37-145-57. Validity and sufficiency of signatures upon bonds

§ 37-145-59. Funds and accounts to carry out provisions relating to student loan revenue bonds

§ 37-145-61. Issuer authorized to contract with bondholders; trusts and security for payment of bonds

§ 37-145-63. Subsequent amendments not to limit vested rights of bondholders

§ 37-145-65. Payment of expenses of company issuing bonds; no state or public liability or indebtedness

§ 37-145-67. Public function; student loan revenue bond income tax exempt

§ 37-145-69. Student loan revenue bonds legal investments and securities

§ 37-145-71. Borrowing funds to support guaranty student loan function; limit on obligation; debt solely that of board of trustees

§ 37-145-73. Guarantee reserve funds