Bonds and coupons are negotiable instruments.

Miss. Code Ann. § 65-39-11
in effect
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All bonds and interest coupons issued under the provisions of Sections 65-39-5 through 65-39-33 have all the qualities and incidents of negotiable instruments under the provisions of the Mississippi Uniform Commercial Code, and in exercising the powers granted by Sections 65-39-5 through 65-39-33, the State Bond Commission shall not be required to and need not comply with the provisions of the Mississippi Uniform Commercial Code.

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