Mississippi § 55-19-25 - Investment in bonds; bonds as security for deposits.
Full text of Mississippi Mississippi Code of 1972 Annotated § 55-19-25 — Investment in bonds; bonds as security for deposits., with citation guidance and answers to common questions.
§ 55-19-25. Investment in bonds; bonds as security for deposits.
All bonds of the district shall be and are hereby declared to be legal and authorized investments for public funds of counties, cities, towns, school districts, banks, savings banks, trust companies, building and loan associations, savings and loan associations and insurance companies and for funds of the Mississippi Public Employees’ Retirement System. Such bonds shall be eligible to secure the deposit of any and all public funds of cities, towns, villages, counties, school districts, or other political corporations or subdivisions of the State of Mississippi; such bonds shall be lawful and sufficient security for said deposits to the extent of their value, when accompanied by all unmatured coupons appurtenant thereto.
Source: official Mississippi text · Last verified 2026-08-27
Frequently Asked Questions About Mississippi § 55-19-25
What does Mississippi Code of 1972 Annotated § 55-19-25 cover?
Section 55-19-25 ("Investment in bonds; bonds as security for deposits.") 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 § 55-19-25?
A common citation format is "Mississippi Code of 1972 Annotated § 55-19-25" (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 § 55-19-25 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.