The corporation shall have the power to contract with the holders of any of its bonds issued under Sections 57-10-401 through 57-10-445 as to the custody, collection, securing, investment and payment of any money of the corporation, and of any money held in trust or otherwise for the payment of bonds, and to carry out such contract. Money held in trust or otherwise for the payment of bonds or in any way to secure bonds and deposits of money may be secured in the same manner as money of the corporation, and all banks and trust companies are authorized to give security for the deposits.Laws, 1993, ch. 565, § 17; reenacted without change, Laws, 1997, ch. 576, § 17; reenacted without change, Laws, 2000, ch. 425, § 17; reenacted without change, Laws, 2001, ch. 337, § 17; reenacted without change, Laws, 2005, ch. 399, § 17; reenacted without change, Laws, 2007, ch. 389, § 17; reenacted without change, Laws, 2011, ch. 519, § 17, eff. 7/1/2011.Reenacted without change by Laws, 2022, ch. 381, SB 2846,§ 17, eff. 7/1/2022.Reenacted without change by Laws, 2017, ch. 325, SB 2474, 17, eff. 7/1/2017.Reenacted without change by Laws, 2015, ch. 398, SB 2658, 17, eff. 7/1/2015.
Mississippi Legal Code