43-27-213 - Bonds and interest coupons to be negotiable instruments; compliance with Uniform Commercial Code not required. - Mississippi Statutes

§ 43-27-213. Bonds and interest coupons to be negotiable instruments; compliance with Uniform Commercial Code not required.
 

All bonds and interest coupons issued under the provisions of Sections 43-27-207 through 43-27-233 have all the qualities and incidents of negotiable instruments under the provisions of the Mississippi Uniform Commercial Code, and in exercising the powers granted by Sections 43-27-207 through 43-27-233, the State Bond Commission shall not be required to and need not comply with the provisions of the Mississippi Uniform Commercial Code. 
 

Sources: Laws, 1994, ch. 652, § 7, eff from and after passage (approved April 8, 1994).