All bonds issued under the provisions of this act 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 bonds shall be legal securities which may be deposited with and shall be received by all public officers and bodies of the state and all municipalities and other political subdivisions thereof for the purpose of securing the deposit of public funds.
Structure Mississippi Code
Title 49 - Conservation and Ecology
Chapter 17 - Pollution of Waters, Streams, and Air
Mississippi Gulf Region Utility Act
§ 49-17-703. Legislative findings
§ 49-17-719. Creation of the Pearl River County Utility Authority
§ 49-17-723. Creation of the Stone County Utility Authority
§ 49-17-737. Board of Directors for Hancock County Utility Authority
§ 49-17-739. Provisions common to the county authorities
§ 49-17-743. Powers of the county authorities
§ 49-17-759. Validation of bonds
§ 49-17-763. Powers of county authority in connection with issuance of bonds
§ 49-17-765. Appointment of trustee to represent bond owners; appointment of receiver
§ 49-17-769. Bonds as legal investments and securities
§ 49-17-773. Advance of funds or issuance of notes authorized; terms and conditions