59-17-11 - Condition precedent to board action. - Mississippi Statutes

§ 59-17-11. Condition precedent to board action.
 

The board shall take no action in building, constructing, acquiring, or developing any state-owned inland port unless the Tennessee Valley Authority or other governmental agency agrees to furnish at least seventy-five percent (75%) of the cost of building, acquiring, constructing, or developing said port. 
 

Sources: Codes, 1942, § 7623-04; Laws,  1968, ch. 430, § 4, eff from and after passage (approved August 8, 1968).