Except as may otherwise be expressly provided by the authority, every issue of its bonds shall be general obligations of the authority payable solely out of any revenue or money of the authority, subject only to any agreements with the holders of particular bonds pledging any particular money or revenue. The bonds may be additionally secured by a pledge of any grant, contribution or guarantee from the federal government or any corporation, association, institution or person or a pledge of any money, income or revenue of the authority from any source.
Structure Mississippi Code
Chapter 73 - Hospital Equipment and Facilities Authority Act
§ 41-73-3. Legislative findings; declaration of public purpose
§ 41-73-9. Terms of members of authority; vacancies; removal; oath
§ 41-73-11. Officers of authority; per diem and expenses of members
§ 41-73-13. Quorum; vote required for action
§ 41-73-15. Regular and called meetings
§ 41-73-19. Additional officers, agents or employees
§ 41-73-23. State office or position not forfeited by virtue of authority membership or service
§ 41-73-27. Powers of authority
§ 41-73-29. Duties of authority
§ 41-73-35. Authority may issue bonds; purposes; authorization; issuance
§ 41-73-39. Disposition of proceeds; administrative expenses
§ 41-73-41. Refunding bonds authorized
§ 41-73-45. Contracts with bond holders; contents
§ 41-73-49. Bonds to be general obligation bonds; additional security authorized
§ 41-73-55. Repurchase of bonds; cancellation
§ 41-73-57. Bonds are negotiable instruments, subject to registration provisions of bonds
§ 41-73-59. Immunity from liability
§ 41-73-61. Funds and accounts
§ 41-73-63. Deposits; checks; security for deposits
§ 41-73-65. Payment of expenses of authority; state and political subdivisions to be held harmless
§ 41-73-69. Bonds of authority as legal investments and as security for public deposits
§ 41-73-71. Annual report of authority
§ 41-73-73. State officers and agencies to cooperate with authority