The authority is vested in the board of trustees to invest such part of said fund as may not be immediately required, in investments authorized under Section 25-11-121 with the right to change said investment from time to time, and with the right and duty to convert invested funds into current funds as the same may be needed for the purposes of this article.
Miss. Code Ann. § 21-29-227
Investment of part of disability and relief fund
Codes, 1942, § 3494-12; Laws, 1924, ch. 189; Laws, 1930, ch. 55, § 10; Laws, 1966, ch. 594, § 3; Laws, 1987, ch. 511, § 28, eff from and after April 30, 1987.
Current official text: Mississippi Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Mississippi statutes; confirm against the official source for the current text. Not legal advice.