Outstanding notes evidencing such temporary borrowings shall be funded and retired by the issuance and sale of state-supported debt, from time to time, as determined by the commission and must be sold and issued not later than a date four (4) years after the date of issuance of the first notes evidencing such temporary borrowings to the extent that payment of such notes has not otherwise been made or provided for by sources other than proceeds of replacement notes.
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