No bonds issued by the authority under this chapter shall constitute a debt, liability or general obligation of the state, or a pledge of the faith and credit of the state, but shall be payable solely as provided by Sections 41-73-43 and 41-73-45. Each bond issued under this chapter shall contain on the face thereof a statement that neither the faith and credit nor the taxing power of the state or any political subdivision thereof is pledged to the payment of the principal of or the interest on such bond.
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