37-11A-1
Section 37-11A-1 Execution and text of compact. The Governor, on behalf of this state, shall
execute a compact, in substantially the following form, with the State of Mississippi, and
the Legislature approves and ratifies the compact in the form substantially as follows: Northeast
Mississippi - Northwest Alabama Railroad Authority Compact. The contracting states solemnly
agree: Article I. The purpose of this compact is to promote and develop trade, commerce, industry,
and employment opportunities for the public good and welfare in northeast Mississippi and
northwest Alabama through the establishment of a joint interstate authority to acquire certain
railroad properties and facilities which the operator thereof has notified the Interstate
Commerce Commission of an intention to abandon and which are located in any of Franklin, Marion,
or Winston Counties, Alabama or in Alcorn or Tishomingo Counties, Mississippi. Article II.
This compact shall become effective immediately as to the State...
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7-9A-102
Section 7-9A-102 Definitions and index of definitions. (a) Article 9A definitions. In this
article: (1) "Accession" means goods that are physically united with other goods
in such a manner that the identity of the original goods is not lost. (2) "Account,"
except as used in "account for," means a right to payment of a monetary obligation,
whether or not earned by performance, (i) for property that has been or is to be sold, leased,
licensed, assigned, or otherwise disposed of, (ii) for services rendered or to be rendered,
(iii) for a policy of insurance issued or to be issued, (iv) for a secondary obligation incurred
or to be incurred, (v) for energy provided or to be provided, (vi) for the use or hire of
a vessel under a charter or other contract, (vii) arising out of the use of a credit or charge
card or information contained on or for use with the card, or (viii) as winnings in a lottery
or other game of chance operated or sponsored by a State, governmental unit of a State, or...

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27-41-26
Section 27-41-26 Particular investments - Shares or savings accounts of savings and loan associations.
An insurer may invest in shares or savings accounts of savings and loan associations insured
by the Federal Savings and Loan Insurance Corporation. (Acts 1977, No. 408, p. 530, §26.)...

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35-8-19
Section 35-8-19 Mortgage investments on condominium property. All persons, as defined in Section
35-8-2, including but not limited to insurance companies, banking organizations, mortgage
companies and savings and loan associations, may be permitted to invest in bonds, notes, and
evidences of indebtedness which are secured by mortgages or deeds of trust upon condominium
property or units thereof wherever such persons may invest and subject to all of the rules
and limitations applicable to such investment in bonds, notes, and evidences of indebtedness
which are secured by like instruments of the same priority upon real property. Where the applicable
limitations are dependent upon the type of use of the real property, only the type of use
of the particular unit or units which constitute the security for such investment shall be
taken into consideration for the purpose of such limitations. (Acts 1973, No. 1059, p. 1732,
§19.)...
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11-11B-6
Section 11-11B-6 Legal investment status of securities. Securities issued under the authority
of this chapter shall be securities in which the state, the grantee, all counties and political
subdivisions of the state, their officers, boards, departments or agencies and all banks,
bankers, trust companies, savings and loan associations, investment companies and other persons
carrying on a banking business, all insurance companies and insurance associations and other
persons carrying on an insurance business, all administrators, executors, guardians, trustees
and other fiduciaries, and all other persons who now are or may hereafter be authorized to
invest in securities issued by a county, may properly and legally invest any funds, including
capital belonging to them or within their control. (Acts 1981, No. 81-797, p. 1399, §6.)...

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11-64-6
Section 11-64-6 Investment status of securities. Securities issued under the authority of this
chapter shall be securities in which the state, the grantee, all counties and political subdivisions
of the state, their officers, boards, departments, or agencies and all banks, bankers, trust
companies, savings and loan associations, investment companies, and other persons carrying
on a banking business, all insurance companies and insurance associations and other persons
carrying on an insurance business, all administrators, executors, guardians, trustees, and
other fiduciaries, and all other persons who now are or may hereafter be authorized to invest
in securities issued by a municipality, may properly and legally invest any funds, including
capital belonging to them or within their control. (Acts 1981, No. 81-798, p. 1403, §6.)...

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11-81A-6
Section 11-81A-6 Legal investment status of securities. Securities issued under the authority
of this chapter shall be securities in which the state, the grantee, all counties, and political
subdivisions of this state, their officers, boards, departments or agencies, and all banks,
bankers, trust companies, savings and loan associations, investment companies, and other persons
carrying on a banking business, all insurance companies and insurance associations and other
persons carrying on an insurance business, all administrators, executors, guardians, trustees,
and other fiduciaries, and all other persons who now are or may hereafter be authorized to
invest in securities issued by a municipality or county, may properly and legally invest any
funds, including capital belonging to them or within their control. (Acts 1980, No. 80-697,
p. 1400, §6.)...
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2-6-124
Section 2-6-124 Investments. The state and all public officers, municipal corporations, political
subdivisions and public bodies, all banks, bankers, trust companies, savings banks and institutions,
building and loan associations, savings and loan associations, investment companies, and other
persons carrying on a banking business, all insurance companies, insurance associations and
other persons carrying on an insurance business and all executors, administrators, guardians,
trustees, and other fiduciaries may legally invest any sinking funds, moneys, or other funds
belonging to them or within their control in any bonds of the corporation, and the bonds shall
be authorized security for all public deposits, it being the purpose of this article to authorize
any persons, firms, corporations, associations, political subdivisions, bodies and officers,
public or private, to use any funds owned or controlled by them, including, but not limited
to, sinking, insurance, investment, retirement,...
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11-50A-16
Section 11-50A-16 Bonds as legal investments. The bonds, bond anticipation notes and notes
authorized in this chapter shall be securities in which all public officers and bodies of
this state and all political subdivisions, all insurance companies and associations, and other
persons carrying on an insurance business, all banks, bankers, trust companies, savings banks,
and savings associations, including savings and loan associations, building and loan associations,
investment companies, and other persons carrying on a banking business, all administrators,
guardians, executors, trustees, and other fiduciaries and all other persons whatsoever who
are now or may hereafter be authorized to invest in bonds or other obligations of the state,
may properly and legally invest funds. The bonds, bond anticipation notes and notes shall
also be securities which may be deposited with and shall be received by all public officers
and bodies of this state and all political subdivisions for any purpose...
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27-41-33
Section 27-41-33 Particular investments - Loans on personal property; chattel mortgages. In
connection with mortgage loans made under subdivisions (2) and (3) of Section 27-41-29, an
insurer may loan on the value of personal property items listed in the Department of Housing
and Urban Development Commitment for Insurance or the Veterans Administration Certificates
of Reasonable Value. Nothing in this section shall be deemed to prevent an insurer from taking
liens on personal property items as additional security for any investment eligible for investment
under this chapter. Domestic life insurance companies are authorized to invest, within the
limitations set forth in this section, in chattel mortgages resulting from the financing of
tangible personal property, which mortgages must constitute valid first liens on the chattels
mortgaged. The maximum amount of such mortgages to be admitted as assets shall not exceed
one half of the amount of surplus remaining after deducting from capital...
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