US Lawyer Database

§ 59-5-43. Negotiability of bonds; exemption from taxation

All bonds and interest coupons issued under the provisions of this chapter shall be and are hereby declared to 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 this chapter, the board and/or state bond commission shall not be […]

§ 59-5-13. Acceptance of grants and contributions

The board, in addition to the moneys which may be received by it from the sale of bonds and from the collection of revenues, rents, and earnings derived under the provisions of this chapter, shall have the authority to accept from any public or private agency, or from any individual, grants for or in aid […]

§ 59-5-47. Disposition of proceeds of bonds

The proceeds of bonds issued under authority of this chapter shall be paid into a special fund or funds in banks qualified to act as depositories for the city or county in which the port or harbor is located, allocated in such equitable manner as the board may determine and such depositories shall qualify as […]

§ 59-3-13. Disposition of proceeds of bonds; penalty for diversion

The proceeds of any bonds issued under authority of Sections 59-3-1 through 59-3-13, shall be placed in the municipal treasury or depository, if there be one, as a special fund and shall be used for no other purpose than the purpose set forth in the original resolution of the corporate authorities of such municipality, and […]

§ 59-3-31. “Public corporation” defined

The term “public corporation”, for the purposes of Sections 59-3-31 through 59-3-37, means the State of Mississippi or any political subdivision thereof or any public agency of this state or of any political subdivision thereof or any public board, bureau, commission or authority created by the legislature of the State of Mississippi.