All bonds and interest coupons issued under the provisions of Sections 43-27-207 through 43-27-233 have all the qualities and incidents of negotiable instruments under the provisions of the Mississippi Uniform Commercial Code, and in exercising the powers granted by Sections 43-27-207 through 43-27-233, the State Bond Commission shall not be required to and need not comply with the provisions of the Mississippi Uniform Commercial Code.
Structure Mississippi Code
Chapter 27 - Department of Youth Services
Improvements to Juvenile Correctional Facilities
§ 43-27-209. Payment of principal of and interest on bonds
§ 43-27-215. Bonds to be issued by State Bond Commission; procedures for issuance
§ 43-27-217. Full faith and credit of State irrevocably pledged
§ 43-27-219. Issuance of warrants to pay principal and interest on bonds
§ 43-27-221. Deposit of proceeds of bond sales into Juvenile Justice Assistance Fund
§ 43-27-223. Further proceedings not required to issue bonds
§ 43-27-225. Validation of bonds
§ 43-27-227. Actions to protect and enforce rights of bond holders
§ 43-27-229. Bonds as legal investments
§ 43-27-231. Bonds and income therefrom exempt from taxation