Bonds issued by a municipality or joint agency under the provisions of this article are hereby made securities in which all public officers and agencies of the state and all political subdivisions, all insurance companies, banking associations, investment companies, executors, administrators, trustees and other fiduciaries may properly and legally invest funds, including capital in their control or belonging to them. Such bonds are hereby made securities which may properly and legally be deposited with and received by any officer or agency of the state or any political subdivision for any purpose for which the deposit of bonds or obligations of the state or any political subdivision is now or may hereafter be authorized by law.
Structure Mississippi Code
Title 77 - Public Utilities and Carriers
Article 15 - Joint municipal electric power
§ 77-5-703. Declaration of purpose
§ 77-5-707. Powers of municipality; determining power and energy needs; filing of determination
§ 77-5-711. Sale or exchange by municipality of excess capacity or output
§ 77-5-713. Application for licenses, permits, certificates or approvals
§ 77-5-719. Additional membership in joint agencies; withdrawal from membership
§ 77-5-721. Board of commissioners of joint agency; officers; quorum; voting; expenses
§ 77-5-723. Board of commissioners of joint agency; executive committee
§ 77-5-725. Rights and powers of joint agencies
§ 77-5-729. Member municipalities may contract to buy power from joint agencies
§ 77-5-731. Sale or exchange by joint agency of excess capacity or output
§ 77-5-735. Exemption from laws relating to competitive bidding
§ 77-5-737. Joint agency pledge bonds
§ 77-5-739. Issuance of bonds by municipalities and joint agencies
§ 77-5-743. Fixing, charging and collecting rents, fees, rates and charges; municipalities
§ 77-5-745. Fixing, charging and collecting rents, fees, rates and charges; joint agencies
§ 77-5-747. Pledges made by municipalities or joint agencies
§ 77-5-749. Temporary investment and reinvestment of money
§ 77-5-751. Proceedings to enforce rights of holders of bonds
§ 77-5-753. Bonds issued under this article as proper and legal investments
§ 77-5-755. Bonds issued as special obligations of municipality or joint agency issuing them
§ 77-5-759. Tax exempt status; bonds
§ 77-5-761. Tax exempt status; interest in project owned by municipality or joint agency
§ 77-5-763. Rights, privileges and immunities of personnel
§ 77-5-765. Dissolution of joint agencies
§ 77-5-767. Annual reports; joint agencies; municipalities
§ 77-5-769. Application of laws of other states and the United States
§ 77-5-771. Grants-in-aid and loans from federal and state governments
§ 77-5-773. Eminent domain; crossing lines and rights-of-way of utilities
§ 77-5-775. Personal liability of certain personnel