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TITLE 31 - PUBLIC BUSINESS, BONDS AND OBLIGATIONS
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Chapter 25 - Mississippi Development Bank Act.
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MISSISSIPPI STATUTES AND CODES
Chapter 25 - Mississippi Development Bank Act.
31-25-1 - Short title.
31-25-3 - Legislative intent; construction.
31-25-5 - Definitions.
31-25-7 - Mississippi Development Bank created.
31-25-9 - Bank's powers vested in board.
31-25-11 - Quorum for conducting business; per diem compensation; expenses.
31-25-13 - Repealed.
31-25-15 - Disclosure of contractual interest.
31-25-17 - Acceptance of membership on bank; nonforfeiture of office or employment.
31-25-19 - Powers and duties of Bank.
31-25-20 - Power of bank to loan money to local governmental unit.
31-25-21 - Power of bank to loan money to local governmental unit.
31-25-23 - Loans to local governmental units; purchase or sale of municipal securities.
31-25-25 - Prohibited transactions.
31-25-27 - Powers of local governmental units to contract with bank; issuance of securities; pledges for repayment; personal liability of local governmental officials; validation of securities; waiver
31-25-28 - Purpose for which loan may be made [Subsection (7) repealed on July 1, 2008].
31-25-29 - Intergovernmental cooperation.
31-25-31 - Bonds issued by Bank as general or special obligations of Bank; issuance of bonds as affecting State's obligation to levy or collect taxes or assessments; liability of State for payment of
31-25-33 - Exemption from taxation.
31-25-35 - Report; audit of books and accounts.
31-25-37 - Issuance of bonds by bank for corporate purposes.
31-25-39 - Resolution of Board authorizing or relating to issuance of bonds; contracts.
31-25-41 - Pledge of revenues or other moneys.
31-25-43 - Establishment of funds or accounts.
31-25-45 - Purchase of bonds by Bank.
31-25-47 - Agreements or contracts for safekeeping of municipal bonds or other investments.
31-25-49 - Reservation of State power.
31-25-51 - Bonds of bank as legal investments; authorized investments by bank.
31-25-53 - Chapter provisions as cumulative.
31-25-55 - Savings clause.
31-25-101 - Definitions.
31-25-103 - Deposits into revolving fund; agreements; security; pledge of payments; recordation; enforcement of interest; resolution.
31-25-105 - Establishment of debt service reserve funds; disposition of moneys in funds; reserve requirements; appropriations for funds.
31-25-107 - Joint legislative committee.
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