Mississippi Code
Chapter 17 - State Inland Ports
§ 59-17-55. Bonds as legal investments and security for deposits

All bonds issued under the provisions of this chapter shall be legal investments for trustees and other fiduciaries, and for savings banks, trust companies, the board of trustees of the public employees' retirement system, 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

Mississippi Code

Title 59 - Ports, Harbors, Landings and Watercraft

Chapter 17 - State Inland Ports

§ 59-17-1. Short title; "board" defined

§ 59-17-3. Declaration of public policy

§ 59-17-7. Functions of board and inland port as essential governmental functions

§ 59-17-9. Duty of board to implement public policy; construction of rights, powers and duties of board

§ 59-17-11. Condition precedent to board action

§ 59-17-15. Acceptance of grants and contributions by board

§ 59-17-17. Appraisal of plan for project; agreement between board and county or agency proposing project

§ 59-17-19. Tax levy by counties for payment of bonds

§ 59-17-21. Contract with master water management district to underwrite financial obligations for project

§ 59-17-23. Operation of port or harbor by state inland port authority; composition of authority; appointment and terms of office of members

§ 59-17-25. Organization of state inland port authority; oath and bond of members

§ 59-17-27. State inland port fund; board may contract for joint activities or employment of personnel

§ 59-17-29. Setting aside or leasing of lands and facilities by board

§ 59-17-31. Authority of board or inland port authority to employ personnel, make contracts and purchases, and sue and be sued

§ 59-17-33. Acquisition of rights of way, land and property by board generally; restriction on power of eminent domain

§ 59-17-35. State bonds; issuance, terms, and conditions generally

§ 59-17-37. State bonds; negotiability; exemption from taxation

§ 59-17-39. State bonds; proceedings for issuance; validation

§ 59-17-41. State bonds; payment of principal and interest; limitation on amount issued

§ 59-17-43. State bonds; manner and price of sale

§ 59-17-45. State bonds; disposition of proceeds from sale

§ 59-17-47. Withdrawals from special fund for payment of bonds

§ 59-17-49. Disposition of net revenues, rents, and earnings from port or harbor

§ 59-17-51. Pledge of revenues, rents and earnings to payment of bonds; sinking fund

§ 59-17-53. Refunding bonds

§ 59-17-55. Bonds as legal investments and security for deposits

§ 59-17-57. Representation of state bond commission by attorney general