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    • Legislation USA
    • Mississippi Code
    • Title 37 - Education
    • Chapter 29 - Junior Colleges
    • Borrowing of Money; Issuance of Bonds
    • § 37-29-119. Full faith and credit of state not pledged to payment of bonds

    Mississippi Code
    Borrowing of Money; Issuance of Bonds
    § 37-29-119. Full faith and credit of state not pledged to payment of bonds

    It shall be understood that the full faith and credit of the State of Mississippi is not pledged to the payment of such bonds as are issued under the provisions of Sections 37-29-107 through 37-29-115, and that such bonds are payable solely from the sources provided by law.

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    Structure Mississippi Code

    Mississippi Code

    Title 37 - Education

    Chapter 29 - Junior Colleges

    Borrowing of Money; Issuance of Bonds

    § 37-29-103. Long-term borrowing; procedure

    § 37-29-105. Utilization of available funds for commencement of projects for which bonds have been authorized

    § 37-29-107. Issuance of bonds for dormitories and other housing facilities

    § 37-29-109. Resolution authorizing issuance of bonds; bond provisions; sale

    § 37-29-111. When bonds may be refunded

    § 37-29-113. Refunding bonds

    § 37-29-115. Securing payment of bonds

    § 37-29-117. Actions or proceedings by bondholders

    § 37-29-119. Full faith and credit of state not pledged to payment of bonds

    § 37-29-121. Junior college district may borrow not to exceed $50,000 for housing facilities

    § 37-29-123. Declaration of intention to borrow; issuance of notes; repayment

    § 37-29-125. Board of trustees to fix and collect fees, rents and charges; disposition of monies

    § 37-29-127. Foregoing sections as cumulative

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