Upon the issuance and sale of bonds under Sections 39-17-101 through 39-17-127, the State Bond Commission shall deposit the proceeds of any such sale or sales in a special fund created in the State Treasury to be known as the "Mississippi Sports Hall of Fame Fund." The proceeds of such bonds shall be used solely for the purposes provided in Sections 39-17-101 through 39-17-127, including the costs incident to the issuance and sale of such bonds. The costs incident to the issuance and sale of such bonds shall be disbursed by warrant upon requisition of the State Bond Commission, signed by the chairman of the commission. The remaining moneys in the fund shall be expended solely under the direction of the Department of Finance and Administration under such restrictions, if any, as may be contained in the resolution providing for the issuance of the bonds, and such funds shall be paid by the State Treasurer upon warrants issued by the State Fiscal Officer.
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