The State Treasurer shall perform all acts and things necessary to pay or cause to be paid, when due, all principal of and interest on the notes and to assure that the same may draw upon any monies available for that purpose pursuant to any purchase, loan, line of credit, credit or similar agreements established with respect thereto, all subject to the authorization and direction of the commission.
Structure Mississippi Code
Title 31 - Public Business, Bonds and Obligations
Chapter 17 - State Bonds; Retirement of Bonds
Temporary Borrowings in Anticipation of Issuance of State-Supported Debt
§ 31-17-155. Temporary borrowings to be evidenced by notes; security
§ 31-17-157. Issuance of replacement notes
§ 31-17-159. Payment of principal and interest
§ 31-17-161. Funding and retirement of temporary borrowings
§ 31-17-163. Proceeds of temporary borrowings paid to State Treasurer
§ 31-17-165. Powers and authority of commission
§ 31-17-167. Purpose of Sections 31-17-151 through 31-17-181
§ 31-17-169. Full and complete authority for all temporary borrowings
§ 31-17-177. Notes and income therefrom exempt from state taxation