Any junior college district, supported in whole or in part by tax levies of one or more counties, may borrow not exceeding Fifty Thousand Dollars ($50,000.00), for the purpose of receiving, transporting, erecting on the ground of said institution, and equipping and furnishing any prefabricated houses, or other materials, or appliances, fixtures, machines, furnishings or equipment, obtained by grant or otherwise from the United States of America or any department or agency thereof, or from any other source, where the same may be acquired for the use of the institution, any student personnel, or faculty members.
Structure Mississippi Code
Borrowing of Money; Issuance of Bonds
§ 37-29-103. Long-term borrowing; procedure
§ 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
§ 37-29-115. 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