The bonds issued under the provisions of Sections 39-17-101 through 39-17-127 are general obligations of the State of Mississippi, and for the payment thereof the full faith and credit of the State of Mississippi is irrevocably pledged. If the funds appropriated by the Legislature are insufficient to pay the principal of and the interest on such bonds as they become due, then the deficiency shall be paid by the State Treasurer from any funds in the State Treasury not otherwise appropriated. All such bonds shall contain recitals on their faces substantially covering the provisions of this section.
Structure Mississippi Code
Title 39 - Libraries, Arts, Archives and History
Chapter 17 - Mississippi Sports Hall of Fame and Dizzy Dean Museum
Construction, Repair, Remodeling, Equipping, Furnishing, Adding to or Improving Capital Facility
§ 39-17-103. Form and terms of bonds
§ 39-17-105. Execution of bonds and coupons
§ 39-17-109. State Bond Commission to issue bonds; sale and redemption of bonds
§ 39-17-115. Deposit of proceeds of bonds into "Mississippi Sports Hall of Fame Fund"; use of funds
§ 39-17-117. Proceedings, conditions, etc., for issuance of bonds; bond issue resolution
§ 39-17-119. Validation of bonds
§ 39-17-121. Enforcement of rights of bondholders
§ 39-17-123. Bonds as legal investments and securities