Mississippi § 43-3-109 - Current operating funds.
Full text of Mississippi Mississippi Code of 1972 Annotated § 43-3-109 — Current operating funds., with citation guidance and answers to common questions.
§ 43-3-109. Current operating funds.
Notwithstanding any other law to the contrary, the executive director of the MIB is hereby empowered to maintain sufficient funds to cover disbursements for current operations. The executive director shall deposit any excess funds with any official depository of the state and invest such excess funds as he deems appropriate.
Frequently Asked Questions About Mississippi § 43-3-109
What does Mississippi Code of 1972 Annotated § 43-3-109 cover?
Section 43-3-109 ("Current operating funds.") is part of the Mississippi Code of 1972 Annotated, the codified statutory law of Mississippi. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Mississippi § 43-3-109?
A common citation format is "Mississippi Code of 1972 Annotated § 43-3-109" (Mississippi). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Mississippi law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Mississippi official source linked on this page or consult a licensed Mississippi attorney.
How does Mississippi § 43-3-109 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Mississippi can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Mississippi.