Contracts with bondholders; securing of moneys held for payment of bonds [Repealed effective October 1, 2022].

Miss. Code Ann. § 57-10-433
repealed
Sign in to generate a plain English summaryAsk Belisarius Agent
The corporation shall have the power to contract with the holders of any of its bonds issued under Sections 57-10-401 through 57-10-445 as to the custody, collection, securing, investment and payment of any money of the corporation, and of any money held in trust or otherwise for the payment of bonds, and to carry out such contract. Money held in trust or otherwise for the payment of bonds or in any way to secure bonds and deposits of money may be secured in the same manner as money of the corporation, and all banks and trust companies are authorized to give security for the deposits.
Miss. Code Ann. § 57-10-433 — Contracts with bondholders; securing of moneys held for payment of bonds [Repealed effective October 1, 2022] | Mississippi Code Annotated | Corpus