43-33-773 - Bonds and coupons are negotiable instruments.
§ 43-33-773. Bonds and coupons are negotiable instruments.
All bonds and interest coupons issued under the provisions of Sections 43-33-767 through 43-33-797 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 43-33-767 through 43-33-797, the State Bond Commission shall not be required to and need not comply with the provisions of the Mississippi Uniform Commercial Code.
Sources: Laws, 1994, ch. 556, § 4, eff from and after July 1, 1994.