Bonds and interest coupons to be negotiable instruments; compliance with Uniform Commercial Code not required

  1. Law
  2. Mississippi Code
  3. Public Welfare
  4. Department of Youth Services
  5. Improvements to Juvenile Correctional Facilities
  6. Bonds and interest coupons to be negotiable instruments; compliance with Uniform Commercial Code not required

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All bonds and interest coupons issued under the provisions of Sections 43-27-207 through 43-27-233 have all the qualities and incidents of negotiable instruments under the provisions of the Mississippi Uniform Commercial Code, and in exercising the powers granted by Sections 43-27-207 through 43-27-233, the State Bond Commission shall not be required to and need not comply with the provisions of the Mississippi Uniform Commercial Code.


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