All bonds and interest coupons issued under the provisions of this article shall have and hereby are 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.
Structure Mississippi Code
Title 59 - Ports, Harbors, Landings and Watercraft
Chapter 7 - County and Municipal Harbors
§ 59-7-501. Authorization for issuance of revenue bonds for port or harbor improvement
§ 59-7-503. Issuance of bonds without election; form, terms and execution of bonds
§ 59-7-507. Negotiability of bonds and coupons; exemption from taxation
§ 59-7-511. Disposition of proceeds of bonds
§ 59-7-513. Conditions for issuance of bonds; validation of bonds
§ 59-7-515. Sources for payment of principal and interest on bonds