All trustees, guardians, and other fiduciaries in this state, unless prohibited by the will, deed, or trust instrument of the testator or other person establishing the trust, agency, or fiduciary relationship, or unless by any such instrument another mode of investment is prescribed, may, in addition to methods of investment now authorized by law, invest all funds held in trust or for investment as provided in this chapter.
Miss. Code Ann. § 91-13-1
Investment by fiduciaries of funds held in trust
Applied in 1 court decision — leading case 753 So. 2d 1057 - McNeil v. Hester (2000)
Most recently applied in 753 So. 2d 1057 - McNeil v. Hester (February 2000)
Codes, 1942, § 421.5; Laws, 1956, ch. 212, §§ 1-7.
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.