65-43-19 - Bonds; negotiability.
§ 65-43-19. Bonds; negotiability.
All bonds and interest coupons issued under the provisions of Sections 65-43-9 through 65-43-39 have all the qualities and incidents of negotiable instruments under the provisions of the Uniform Commercial Code, and in exercising the powers granted by Sections 65-43-9 through 65-43-39, the State Bond Commission shall not be required to and need not comply with the provisions of the Uniform Commercial Code.
Sources: Laws, 2007, ch. 582, § 10, eff July 18, 2007 (the date the United States Attorney General interposed no objection under Section 5 of the Voting Rights Act of 1965, to the addition of this section.)