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18 chapters · 531 sections in this title.
Miss. Code Ann. § 91-13-1 Investment by fiduciaries of funds held in trust
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All trustees, guardians, and other fiduciaries in this state, unless prohibited by the will, deed, or trust instrument of the testator or other person establishing the trust, agency, or fiduciary relationship, or unless by any such instrument another mode of investment is prescri…
Miss. Code Ann. § 91-13-11 Tennessee Valley Authority bonds and obligations as legal investments
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All bonds and other obligations issued by the Tennessee Valley Authority under the provisions of the Tennessee Valley Authority Act of 1933, as heretofore or hereafter amended, shall be legal investments for trustees and other fiduciaries, for the public employees’ retirement sys…
Miss. Code Ann. § 91-13-3 Authority to prudently invest in all property
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In acquiring, investing, reinvesting, exchanging, retaining, selling, and managing property held in fiduciary capacity, the fiduciary shall exercise the judgment and care under the circumstances then prevailing which men of prudence, discretion, and intelligence exercise in the m…
Miss. Code Ann. § 91-13-5 “Legal investment” construed
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Whenever the express terms or limitations set forth in any will, agreement, court order, or other instrument use the terms “legal investment” or “authorized investment” or words of similar import, such words shall be conclusively presumed to mean any investment authorized or perm…
