GroundRules
Miss. Code Ann. § 77-9-161: Mortgaging; securing mortgage bonds.
Where this section sits in the code
- Title 77. Public Utilities and Carriers
- Chapter 9. Railroads and Other Common Carriers
- Article 3. Railroads and Railroad Corporations.
- General Corporate Powers
To mortgage or convey in trust, from time to time, any or all of its property, real, personal, and mixed, then owned or thereafter to be acquired, and also all or any of its rights, powers, privileges, liberties, immunities, or franchises, whether then owned, possessed, and enjoyed or thereafter to be acquired, including its right to be a corporation; and under such deed or deed in trust or mortgage, to secure, execute, and dispose of the mortgage bonds of the company to such amounts and maturing at such times and bearing such lawful interest as it may deem best; and to secure, in like manner or in any other way, the bonds and obligations of any other railroad company.
Collected 2026-10-27T05:54:18Z. Source file · JSON
Compilation CC BY 4.0, Open US Law (Vaquill AI). GroundRules uses only the releases published under CC BY 4.0: from v2026.09 the compilation is licensed CC BY-NC 4.0, and GroundRules does not use those releases. Each affected row names its release in its vintage label. GroundRules parsed and filtered the compilation to retain enacted text. Source · License
Mississippi electronic product files were republished by Public.Resource.Org under a public-domain dedication. GroundRules uses enacted text from Release 78 only as a labeled supplement to the newer Open US Law rows. Source