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Miss. Code Ann. § 59-9-55

Investment of proceeds of bonds

Codes, 1942, § 7605-16.5; Laws, 1962, ch. 394, § 3, eff from and after passage (approved June 1, 1962

Any county which has heretofore issued bonds pursuant to this chapter, is hereby authorized to invest the proceeds of such bonds not needed for immediate use in bonds, notes or other evidences of indebtedness of the United States, but such investments shall not be made except upon the approval of the development commission or port authority.

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.