Such agreements may provide for the compensation of any purchasers or underwriters of such refunding notes or bonds by payment of a fixed fee or commission at the time of issuance thereof, and for all other costs and expenses, including fees for agreements related to such refunding notes or bonds and paying agent costs. Costs and expenses of issuance may be paid from the proceeds of the refunding notes or bonds.
At such times as the balance requirements of this paragraph are met, the State Treasurer shall transfer all excess amounts to the State Highway Fund.
Structure Mississippi Code
Title 31 - Public Business, Bonds and Obligations
Chapter 17 - State Bonds; Retirement of Bonds
State Bond Commission; Notes to Maintain Working Balance in General Fund
§ 31-17-101. State Bond Commission; members; delegation of powers and duties; adoption of rules
§ 31-17-107. Full faith and credit of state pledged on notes
§ 31-17-111. Commission to fix terms and details of notes and provide for issuance
§ 31-17-113. Use of proceeds limited to purposes provided
§ 31-17-117. Notes and interim certificates to be fully negotiable
§ 31-17-119. Taxation of notes, interest and income
§ 31-17-121. State treasurer to keep records of notes issued
§ 31-17-125. Authority to borrow money and funds
§ 31-17-127. Bonds for cost of Four-Lane Highway Program; Four-Lane Highway Trust Fund