Mississippi § 57-10-249 - Contracts with bondholders.
Full text of Mississippi Mississippi Code of 1972 Annotated § 57-10-249 — Contracts with bondholders., with citation guidance and answers to common questions.
§ 57-10-249. Contracts with bondholders.
The company shall have the power to contract with the holders of any of its bonds as to the custody, collection, securing, investment and payment of any money of the company, 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 company, and all banks and trust companies are authorized to give security for the deposits.
Frequently Asked Questions About Mississippi § 57-10-249
What does Mississippi Code of 1972 Annotated § 57-10-249 cover?
Section 57-10-249 ("Contracts with bondholders.") 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 § 57-10-249?
A common citation format is "Mississippi Code of 1972 Annotated § 57-10-249" (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 § 57-10-249 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.