37-101-47 - Leases deemed legal investments.
§ 37-101-47. Leases deemed legal investments.
Any leases executed under the provisions of Section 37-101-41 shall be legal investments for trustees and other fiduciaries, and for banks, trust companies, and insurance companies authorized to do business in the State of Mississippi.
Sources: Codes, 1942, § 6724.5-03; Laws, 1968, ch. 413, § 4, eff from and after passage (approved July 19, 1968).