All revenue bonds and interest coupons issued under the provisions of this chapter shall have and are hereby declared to have all the qualities and incidents of negotiable instruments under the Mississippi Uniform Commercial Code. The revenue bonds and the income therefrom shall be exempt from all taxation within the State of Mississippi.
Miss. Code Ann. § 37-104-21
Negotiability of bonds and coupons; tax exemption
Known as the Mississippi Educational Facilities Authority Act
The act spans §§ 37–37 (25 sections).
Laws, 1985, ch. 480, § 11; reenacted, Laws, 1991, ch. 592, § 11; reenacted, Laws, 1993, ch. 520, § 11, eff from and after July 1, 1993.
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.