All bonds and interest coupons issued under the provisions of this article shall have and are hereby declared to have all the qualities and incidents of negotiable instruments under the Uniform Commercial Code of the State of Mississippi. Such bonds and the income therefrom shall be exempt from all taxation within the State of Mississippi, except inheritance taxes.
Structure Mississippi Code
Chapter 35 - Urban Renewal and Redevelopment
Article 5 - Off-Street Parking and Business District Renewal
§ 43-35-201. Municipal parking facilities; delegation of power, duties, and responsibilities
§ 43-35-202. Special parking facility taxing districts
§ 43-35-203. Revenue bonds; form; maturity; execution; interest
§ 43-35-205. Revenue bonds; sale
§ 43-35-207. Revenue bonds; negotiability; tax exemption
§ 43-35-211. Bonds payable out of net revenues; payments in lieu of taxes
§ 43-35-213. Covenants affecting security of bonds; bondholders' lien
§ 43-35-217. Validation of bonds
§ 43-35-231. Authority conferred by article cumulative
§ 43-35-233. Authority for issuance of bonds
§ 43-35-235. Appointment of additional members to board of urban renewal agency