The authority is vested in the board of trustees to invest such part of said fund as may not be immediately required, in investments authorized under Section 25-11-121 with the right to change said investment from time to time, and with the right and duty to convert invested funds into current funds as the same may be needed for the purpose of this article.Codes, 1942, § 3480; Laws, 1940, ch. 287; Laws, 1987, ch. 511, § 17, eff. 4/30/1987.
Mississippi Legal Code