65-33-13 - Payment of bonds and maintenance costs. - Mississippi Statutes

§ 65-33-13. Payment of bonds and maintenance costs.
 

It shall be the duty of such board to exercise a continuing supervision over all public lands, works, and road protection. All bonds issued under the provisions of Section 65-33-7 and all obligations and expenses necessarily incurred in connection there with shall be paid out of the funds made available for road protection purposes under this chapter. 
 

Any attorneys' fees paid in connection with or in consideration of the issuance of any bonds under the terms of Sections 65-33-1 through 65-33-15, shall not exceed one half of one per cent of (1/2 of 1%) the total amount of each bond issue. 
 

The cost of the maintenance of any such causeway or causeways, bridge or bridges, road and roads shall be defrayed out of funds provided under Section 65-33-47, or general county fund, or from tolls or revenues derived from any bridge or bridges, causeway or causeways, or facilities provided for herein. Said county shall insure the causeway or causeways, bridge or bridges, against such perils as the board may deem proper, such insurance to be written by an insurance company or companies authorized to do business in the State of Mississippi, and the premiums therefor shall be payable out of funds provided under this chapter. 
 

Sources: Codes, 1930, § 6918; 1942, § 8499; Laws,  1924, ch. 319; Laws, 1928, ch. 18; Laws, 1954, ch. 304.