The governing body of a governmental unit may refinance outstanding bonds through the issuance of refunding bonds and the exchange of such refunding bonds for the bonds to be refunded. Any such refunding may be effected whether or not the bonds to be refunded shall have then matured or shall thereafter mature.
Structure Mississippi Code
Title 31 - Public Business, Bonds and Obligations
Chapter 27 - Mississippi Bond Refinancing Act
§ 31-27-5. Legislative intent; construction
§ 31-27-7. Issuance of refunding bonds
§ 31-27-9. Escrow account; banking corporation as trustee for bondholders
§ 31-27-11. Security for refunding bonds
§ 31-27-13. Amount of refunding bonds authorized to be issued
§ 31-27-15. Sale of refunding bonds and disposition of proceeds
§ 31-27-17. Refinancing of outstanding bonds by issuance of refunding bonds
§ 31-27-19. Negotiability of refunding bonds