State Codes and Statutes
Statutes > Mississippi > Title-37 > 104 > 37-104-21§ 37-104-21. Negotiability of bonds and coupons; tax exemption.
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.
Sources: Laws, 1985, ch. 480, § 11; reenacted, 1991, ch. 592, § 11; reenacted, 1993, ch. 520, § 11, eff from and after July 1, 1993.
