37-47-49 - Interim certificates; supplemental powers conferred in issuance of bonds. - Mississippi Statutes

§ 37-47-49. Interim certificates; supplemental powers conferred in issuance of bonds.
 

In anticipation of the issuance of any bonds authorized under the provisions of this chapter, the state bond commission may authorize and issue interim certificates payable to bearer or to the purchaser of the bonds. Such interim certificates may be in such form and may contain such terms, conditions, or provisions and such agreement or agreements relative to their discharge, either through payment or through the delivery of the bonds, as the commission, by resolution or resolutions, determines. 
 

Notwithstanding the foregoing provisions of this section, bonds referred to hereinabove may be issued pursuant to the supplemental powers and authorizations conferred by the provisions of the Registered Bond Act, being Sections 31-21-1 through 31-21-7. 
 

Sources: Codes, 1942, § 6247-18; Laws,  1953, Ex Sess, ch. 13, § 18; Laws, 1983, ch. 494, § 14, eff from and after passage (approved April 11, 1983).