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Section 39-17-107 - Negotiability of bonds and coupons; compliance with Uniform Commercial Code not required — Mississippi Law | CourtGPT
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  7. Section 39-17-107 - Negotiability of bonds and coupons; compliance with Uniform Commercial Code not required
Mississippi Legal Code

Section 39-17-107 - Negotiability of bonds and coupons; compliance with Uniform Commercial Code not required

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All bonds and interest coupons issued under the provisions of Sections 39-17-101 through 39-17-127 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 39-17-101 through 39-17-127, the State Bond Commission shall not be required to and need not comply with the provisions of the Mississippi Uniform Commercial Code.Laws, 1994, ch. 551, § 4, eff. 7/1/1994.