HB1531

Establishes the Mississippi Bullion Depository to serve as the custodian of bullion and specie.

Mississippi HB1531 establishes the Mississippi Bullion Depository as an agency of the state within the Office of the State Treasurer. The depository is tasked with serving as the custodian, guardian, and administrator of certain bullion and specie that may be transferred to or otherwise acquired by the state or its agencies. The bill outlines the depository's duties, including receiving deposits of bullion or specie, delivering precious metals upon request, and maintaining records of deposits.