§ 65-43-15. Bonds; payment of principal and interest; details
The principal of and interest on the bonds authorized under Sections 65-43-9 through 65-43-39 shall be payable in the manner provided in this section. Such bonds shall bear such date or dates, be in such denomination or denominations, bear interest at such rate or rates (not to exceed the limits set forth in Section 75-17-103, […]
§ 65-43-17. Bonds; execution
The bonds authorized by Sections 65-43-9 through 65-43-39 shall be signed by the Chairman of the State Bond Commission, or by his facsimile signature, and the official seal of the State Bond Commission shall be affixed thereto, attested by the secretary of the commission. The interest coupons, if any, to be attached to such bonds […]
§ 65-43-19. Bonds; negotiability
All bonds and interest coupons issued under the provisions of Sections 65-43-9 through 65-43-39 have all the qualities and incidents of negotiable instruments under the provisions of the Uniform Commercial Code, and in exercising the powers granted by Sections 65-43-9 through 65-43-39, the State Bond Commission shall not be required to and need not comply […]
§ 65-43-21. Bonds; issuance and sale; redemption
The State Bond Commission shall act as the issuing agent for the bonds authorized under Sections 65-43-9 through 65-43-39, prescribe the form of the bonds, advertise for and accept bids, issue and sell, at public or private sale, the bonds so authorized to be sold, pay all fees and costs incurred in such issuance and […]
§ 65-43-23. Bonds; nature; source of payment of principal and interest; applicability of debt limitation
Bonds issued under the authority of Sections 65-43-9 through 65-43-39 shall be revenue bonds of the state, the principal of and interest on which shall be payable solely from the revenue from projects authorized under Section 65-43-1 or 65-43-3. The bonds shall never constitute an indebtedness of the state within the meaning of any state […]
§ 65-43-25. Bonds; disposition of proceeds
Upon the issuance and sale of bonds under the provisions of Sections 65-43-9 through 65-43-39, the State Bond Commission shall transfer the proceeds of any such sale or sales to a special fund created in Section 65-43-9. The proceeds of such bonds shall be disbursed solely upon the order of the Mississippi Transportation Commission under […]
§ 65-43-27. Bonds; conditions for issuance
The bonds authorized under Sections 65-43-9 through 65-43-39 may be issued without any other proceedings or the happening of any other conditions or things other than those proceedings, conditions and things which are specified or required by Sections 63-45-9 through 63-45-39. Any resolution providing for the issuance of bonds under the provisions of Sections 65-43-9 […]
§ 65-43-2. Legislative findings
The Legislature finds and declares as a matter of public policy that, for the benefit of the people of this state, it is essential to foster, promote and provide public infrastructure, including toll roads and bridges.
§ 65-43-3. Authority of Transportation Commission, counties and municipalities to contract with companies for financing, constructing, operating or maintaining toll roads or toll bridges; requests for proposals; rights and responsibilities of parties to contracts; collection of tolls; applicability of traffic regulations to motor vehicles operated on toll roads and toll bridges; immunity from liability
In addition to and as an alternative to any other authority granted by law, including, but not limited to, Section 65-43-1, any governmental entities, as defined in Section 65-43-1, in their discretion, may contract, individually or jointly with other governmental entities, with any persons, corporations, partnerships or other businesses licensed to do business in the […]
§ 65-43-4. Transportation Commission to report to legislature on performance of companies contracted with regarding construction, operation and maintenance of toll road or toll bridge projects
On or before January 10 of each year the Mississippi Transportation Commission shall submit a detailed report to the Chairman of the Senate Highways and Transportation Committee and the Chairman of the House Transportation Committee describing and evaluating the financial and operational performance by a company with which the commission has contracted under Chapter 44, […]