The State Bond Commission shall have the power and is hereby authorized, at one time or from time to time prior to June 30, 1994, to issue negotiable general obligation bonds of the State of Mississippi to pay all or any part of the cost of defraying the state's share of supporting the Institute for Technology Development for any fiscal year in which the institute does not receive the requisite amount pursuant to legislative appropriation. The total amount of bonds which may be issued pursuant to this chapter shall not exceed Six Million Dollars ($6,000,000.00).
Structure Mississippi Code
Title 31 - Public Business, Bonds and Obligations
Chapter 29 - Institute for Technology Development
§ 31-29-5. Issuance of bonds; repayment; ad valorem tax on property
§ 31-29-7. Bonds to be negotiable instruments; bonds and income tax exempt
§ 31-29-9. Sale of bonds; price; notice of sale
§ 31-29-13. Right of holders of bonds or interest coupons
§ 31-29-15. Necessity of other proceedings or conditions for issuance of bonds; validation of bonds
§ 31-29-17. Bonds as legal investments and securities
§ 31-29-19. Authority for exercise of powers
§ 31-29-21. Withdrawal of funds from Institute for Technology Development Fund