All monies received by the Authority pursuant to this chapter, from any source whatever, shall be deemed to be trust funds to be held and applied solely as provided herein.
Structure Mississippi Code
§ 37-104-3. Legislative determination; declaration of purpose
§ 37-104-7. Creation of Authority; nature and administration
§ 37-104-9. General powers of Authority
§ 37-104-11. Payment of expenses; liability
§ 37-104-13. Declaration of need by private institution
§ 37-104-15. Investigation by Authority
§ 37-104-17. Issuance of revenue bonds
§ 37-104-19. Bond loan agreement
§ 37-104-21. Negotiability of bonds and coupons; tax exemption
§ 37-104-25. Disposition of sale proceeds; issuance of additional revenue bonds
§ 37-104-27. Proceedings and conditions for issuance of bonds; validation
§ 37-104-29. Liability of state on bonds
§ 37-104-31. Allocation of payments by private institutions; sinking fund
§ 37-104-33. Rights of bond and coupon holders
§ 37-104-35. Issuance of refunding bonds
§ 37-104-37. Bonds as legal investments and securities
§ 37-104-39. Acceptance of grants, loans, aid, or contributions
§ 37-104-41. Monies received deemed trust funds
§ 37-104-43. Withdrawals from Educational Facilities Authority Fund