All bonds issued under the provisions of Sections 65-39-5 through 65-39-33 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 65 - Highways, Bridges and Ferries
Chapter 39 - Gaming Counties Bond Sinking Fund
§ 65-39-1. Selection of road and bridge construction projects; feasibility studies; priorities
§ 65-39-3. Gaming Counties Bond Sinking Fund created; expenditures
§ 65-39-7. Payment of principal and interest; bond specifications
§ 65-39-9. Signature on bonds; interest coupons
§ 65-39-11. Bonds and coupons are negotiable instruments
§ 65-39-13. Sale and form of bonds
§ 65-39-15. Bonds are general obligations of state
§ 65-39-21. Validation of bonds; notice
§ 65-39-23. Protection and enforcement of bond holders' rights
§ 65-39-25. Bonds are legal investments and legal securities
§ 65-39-27. Bonds and income tax exempt
§ 65-39-29. Use of bond proceeds
§ 65-39-31. Officials not to benefit from issuance of bonds
§ 65-39-33. Chapter gives complete authority; effect on other laws
§ 65-39-35. Effective date of reduction in certain taxes and fees
§ 65-39-37. State matching share for federal Special Category Projects