Mississippi § 75-69-5 - Purchase of farm credit securities by executors, trustees, administrators and guardians, etc.

Full text of Mississippi Mississippi Code of 1972 Annotated § 75-69-5 — Purchase of farm credit securities by executors, trustees, administrators and guardians, etc., with citation guidance and answers to common questions.

§ 75-69-5. Purchase of farm credit securities by executors, trustees, administrators and guardians, etc.

All trustees, executors, guardians and other fiduciaries in this state (unless prohibited by the will, deed or trust instrument, or unless any such trust instrument prescribes other investments exclusively) and administrators may, in addition to investments otherwise authorized by law, invest all funds held in trust or for investment in farm credit securities without the necessity of any precedent order of the chancery court and no liability whatsoever shall be incurred by any such fiduciary in purchasing farm credit securities without a precedent order of court.

Source: official Mississippi text · Last verified 2026-08-27

Frequently Asked Questions About Mississippi § 75-69-5

What does Mississippi Code of 1972 Annotated § 75-69-5 cover?

Section 75-69-5 ("Purchase of farm credit securities by executors, trustees, administrators and guardians, etc.") 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 § 75-69-5?

A common citation format is "Mississippi Code of 1972 Annotated § 75-69-5" (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 § 75-69-5 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.