Nothing in Sections 21-27-11 through 21-27-69 shall be construed as authorizing any municipality to impair or commit a breach of the obligation of any valid lien or contract created or entered into by it, the intention hereof being to authorize the pledging, setting aside and segregation of gross revenue only where consistent with outstanding obligations of such municipality.
Structure Mississippi Code
Chapter 27 - Public Utilities and Transportation
§ 21-27-17. Powers and duties of commission
§ 21-27-19. Disposition of revenues by commission
§ 21-27-21. Commission to keep records of service furnished municipality
§ 21-27-25. Borrowing money for improvement, extension, repair or stockpiling fuel of system
§ 21-27-29. Rates not to be supervised by state; no franchise required
§ 21-27-31. Keeping of books and accounts by municipality
§ 21-27-33. Municipality may dispose of public utility systems
§ 21-27-35. Utilization of proceeds of sale of public utility system
§ 21-27-37. Inspection of utility authorized; penalty for violation
§ 21-27-39. Municipalities may furnish services to consumers outside corporate limits
§ 21-27-41. Ordinance to be enacted before bonds are issued
§ 21-27-43. Electorate to vote on issuance of bonds
§ 21-27-45. Details of bonds; sale; fiscal advisor
§ 21-27-47. Utilization of revenues of system to pay off bonds
§ 21-27-49. Services of system may be used by municipality
§ 21-27-51. Refunding bonds; consolidated bonds
§ 21-27-55. Bonds may be called
§ 21-27-57. Disposition of revenues
§ 21-27-59. General revenues may be used for operation and maintenance of system
§ 21-27-61. Distribution of revenues and surplus; minutes of municipal governing authorities
§ 21-27-63. Contracts and liens not impaired
§ 21-27-65. Penalty for failing to set aside trust funds
§ 21-27-67. Construction of sections
§ 21-27-69. Obligations under repealed laws remain valid
§ 21-27-71. Issuance of bonds in municipalities of more than one hundred thousand population