Any pledge made by the company shall be valid and binding from the time when the pledge was made. The revenues or properties so pledged and thereafter received by the company shall immediately be subject to the lien of such pledge without any physical delivery thereof or further act, and the lien of any such pledge shall be valid and binding as against all parties having claims of any kind in tort, contract or otherwise against the company, irrespective of whether the parties have notice thereof. Neither the resolution nor any other instrument by which a pledge is created need be recorded.
Structure Mississippi Code
Chapter 145 - Mississippi Opportunity Loan Program Act
§ 37-145-5. Mississippi Opportunity Loan Program
§ 37-145-9. Administration of Fund
§ 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
§ 37-145-37. General obligation bonds legal investments and securities
§ 37-145-39. No additional authority necessary for issuance of general obligation bonds
§ 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
§ 37-145-63. Subsequent amendments not to limit vested rights of bondholders
§ 37-145-67. Public function; student loan revenue bond income tax exempt
§ 37-145-69. Student loan revenue bonds legal investments and securities