The State Treasurer is hereby authorized, without further process of law, to certify to the Fiscal Management Board the necessity for warrants, and the board is hereby authorized and directed to issue such warrants payable out of any funds authorized by Sections 37-101-301 through 37-101-331 for such purpose, in such amounts as may be necessary to pay when due the principal of and interest on all bonds issued under the provisions of Sections 37-101-301 through 37-101-331; and the State Treasurer shall forward the necessary amount to the designated place or places of payment of such bonds in ample time to discharge such bonds, or the interest thereon, on the due dates thereof.
Structure Mississippi Code
Chapter 101 - Institutions of Higher Learning; General Provisions
§ 37-101-305. Issuance of general obligation bonds
§ 37-101-307. Manner of payment of principal and interest on bonds
§ 37-101-309. Execution of bonds
§ 37-101-311. Negotiability of bonds and coupons; tax exemption
§ 37-101-313. Powers and duties of State Bond Commission; sale of bonds; interest rates
§ 37-101-315. Liability of state on bonds
§ 37-101-317. Warrants for payment of principal and interest
§ 37-101-321. Validation of bonds
§ 37-101-323. Higher Education Capital Improvement Fund
§ 37-101-325. Protection and enforcement of rights of holders of bonds and coupons
§ 37-101-327. Bonds as legal investments and securities
§ 37-101-329. Construction of provisions
§ 37-101-331. Report as to renovations and repairs at state community and junior colleges