The refunding bonds authorized under authority of this chapter may, in the discretion of the governing body of the governmental unit, be validated in the chancery court of the county in which the governing body resides in the manner and with the force and effect provided now or hereafter by Chapter 13, Title 31, Mississippi Code of 1972, for the validation of municipal bonds. If the governing body is the State Bond Commission, the residence of the commission shall be Hinds County for the purposes of this section. The necessary papers shall be transmitted to the state's bond attorney by the governing body, and the required notice shall be published in a newspaper having general circulation in the State of Mississippi or the county in which the refunding bonds are to be validated.
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