Mississippi § 65-19-47 - Surplus funds loaned.
Full text of Mississippi Mississippi Code of 1972 Annotated § 65-19-47 — Surplus funds loaned., with citation guidance and answers to common questions.
§ 65-19-47. Surplus funds loaned.
The commissioners are hereby authorized to loan out any surplus funds of the district, and where such loans are secured by real estate, they shall be made in the manner and under the terms and provisions of the laws now relating to the loan of funds of the sixteenth sections; or they may purchase the bonds or evidences of debts of this state or of any county, municipality, drainage or road district situated in the State of Mississippi, or notes or bonds of the United States, or accept same as security for loans therein.
Frequently Asked Questions About Mississippi § 65-19-47
What does Mississippi Code of 1972 Annotated § 65-19-47 cover?
Section 65-19-47 ("Surplus funds loaned.") 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 § 65-19-47?
A common citation format is "Mississippi Code of 1972 Annotated § 65-19-47" (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 § 65-19-47 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.