49-5-17 - Issuance and retirement of bonds. - Mississippi Statutes

§ 49-5-17. Issuance and retirement of bonds.
 

Bonds may be issued by any municipality or county as now authorized by Section 55-9-1 to secure funds to purchase the required lands and to construct game and fish management projects, all of which shall be done under the direction of the commission. Such bonds shall be retired by the proceeds of ad valorem taxes levied by such counties and municipalities, and the commission may pledge to the payment of such bonds any funds accruing to it under this chapter. 
 

Sources: Codes, 1942, § 5844-23; Laws,  1962, ch. 181, § 5; Laws, 2000, ch. 516, § 31, eff from and after passage (approved Apr. 30, 2000.)