Oktibbeha County; authorize the establishment of the Oktibbeha County Reserve and Trust Fund for deposit of net proceeds from sale of certain medical center.
State of MississippiMississippiAn Act To Authorize And Direct The Board Of Trustees Of Oktibbeha County, Mississippi, To Establish A Reserve And Trust Fund; To Provide That Not Less Than 80% Of The Proceeds From The Sale Of Och Regional Medical Center, Which Is Owned By The County, Shall Be Deposited Into The Fund; To Provide For The Establishment Of The Board Of Trustees Of The Reserve And Trust Fund And Provide That Its Membership Shall Be The Members Of The Board Of Supervisors Of Oktibbeha County; To Require The Trustees To Contract With A Qualified Institution Fiduciary To Provide Investment Management And Advisory Services For The Fund; To Prescribe Certain Earnings And Annual Distributions Of The Fund; To Provide That A Certain Percentage Of The Earnings May Be Transferred To The Oktibbeha County Och Proceeds Fund For Appropriation By The Board Of Supervisors For Any Lawful County Purposes, Including General Operations, Maintenance And Capital Improvements; To Provide Strict Limitations For Withdrawals From The Corpus; And For Related Purposes.
- Status
- Passed
- Signed or otherwise enacted
- Status date
- Apr 8, 2026
- 218 days ago
- Current chamber
- Senate
- Session
- 2026 Regular Session
Follow the legislation that affects what you sell.
Get started freeFree account · 30-second setup · No credit card
What it means for vendors
Civic IQ reads each bill for what it would fund, require or change for the agencies that buy.
Bill details
- Last action
- Approved by Governor · Apr 8, 2026
Sponsor
Bill history
Newest first.
Show 5 earlier actions
Recorded votes
Read the bill at the source
This page follows the bill as the legislature records it. For the bill's full text and the official record, use the legislature's own site.
Bill data from LegiScan, licensed under CC BY 4.0.