All bonds issued under the provisions of this chapter 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
Title 57 - Planning, Research and Development
Chapter 31 - County Industrial Development Authorities
§ 57-31-1. Establishment; composition; qualifications, appointment, and terms of office of members
§ 57-31-3. Oath and bond of members; meetings; compensation of members
§ 57-31-7. Receipt and expenditure of county funds
§ 57-31-9. Issuance of notes or bonds generally
§ 57-31-11. Negotiability of bonds and interest coupons; exemption from taxation of bonds
§ 57-31-15. Disposition of proceeds of bonds
§ 57-31-17. Validation of bonds
§ 57-31-21. Contents of bond issue resolution
§ 57-31-23. Pledge and allocation of revenues, rents, and earnings
§ 57-31-25. Enforcement of bondholder's rights
§ 57-31-27. Bonds as legal investments and securities
§ 57-31-29. Exemption from taxation of property of authority