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The associations shall have power to invest and reinvest the surplus and sinking funds as may accumulate in its hands from time to time for the use and benefit of its members and stockholders.
Structure Mississippi Code
Mississippi Code
Title 81 - Banks and Financial Institutions
Chapter 17 - Farmers' Credit Associations
§ 81-17-1. Title
§ 81-17-3. Declaration of policy
§ 81-17-5. Definitions
§ 81-17-7. Who may organize
§ 81-17-9. Purposes
§ 81-17-11. Powers
§ 81-17-15. Articles of association
§ 81-17-17. Amendments to articles of association
§ 81-17-19. Organization
§ 81-17-21. Bylaws
§ 81-17-23. Surplus and sinking funds invested
§ 81-17-25. Tax exemption