Whenever a balance shall remain of the proceeds of any bond issue after the purpose for which such bonds were issued shall have been accomplished, such balance shall forthwith be transferred to the bond and interest fund applicable to such bond issue.
Structure Mississippi Code
Chapter 59 - School Bonds and Obligations
Article 1 - Authority to Issue Bonds, Notes and Certificates of Indebtedness
§ 37-59-3. Purposes for which bonds may be issued
§ 37-59-5. General limitation of indebtedness
§ 37-59-9. Bonds and notes excluded for purposes of computing limitations of indebtedness
§ 37-59-13. Notice of election
§ 37-59-15. Conduct of election
§ 37-59-17. Determination of results of election; time period for issuance of bonds
§ 37-59-23. Levy of special tax to pay principal and interest on bonds
§ 37-59-24. Instructions to deposit tax receipts directly with trustee or paying agent
§ 37-59-25. Form of bonds; supplemental powers conferred in issuance of bonds
§ 37-59-29. Disposition of proceeds of bonds; liability for diversion of funds
§ 37-59-33. Transfer of balance of proceeds of bond issue
§ 37-59-35. Use of bond and interest funds to buy outstanding bonds
§ 37-59-37. Borrowing of money for current expenses in anticipation of school district taxes
§ 37-59-41. Borrowing of money in anticipation of taxes for benefit of agricultural high schools
§ 37-59-45. Article as sole authority for incurring of indebtedness