Mississippi § 57-4-7 - Contributions made as loans to be evidenced by negotiable promissory notes.
Full text of Mississippi Mississippi Code of 1972 Annotated § 57-4-7 — Contributions made as loans to be evidenced by negotiable promissory notes., with citation guidance and answers to common questions.
§ 57-4-7. Contributions made as loans to be evidenced by negotiable promissory notes.
All contributions made as loans by the state under the provisions of this chapter shall be evidenced by negotiable promissory notes of the political subdivision to be in such standard form and content of acceptable banking standards, shall mature at such time, to bear interest as hereinafter provided, and shall bear the signature of the president or presiding officer and the clerk or secretary of the political subdivision and the official seal.
Source: official Mississippi text · Last verified 2026-08-27
Frequently Asked Questions About Mississippi § 57-4-7
What does Mississippi Code of 1972 Annotated § 57-4-7 cover?
Section 57-4-7 ("Contributions made as loans to be evidenced by negotiable promissory notes.") 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 § 57-4-7?
A common citation format is "Mississippi Code of 1972 Annotated § 57-4-7" (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 § 57-4-7 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.