Upon the issuance and sale of bonds under the provisions of Sections 43-33-767 through 43-33-797, the State Bond Commission shall transfer the proceeds of any such sale or sales to the Mississippi Affordable Housing Development Fund created in Section 43-33-759. The proceeds of such bonds shall be disbursed solely upon the order 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.
Structure Mississippi Code
Chapter 33 - Housing and Housing Authorities
Article 11 - Mississippi Home Corporation Act
§ 43-33-702. Legislative findings
§ 43-33-705. Fiduciary bond; premiums
§ 43-33-721. Adoption of rules, regulations, resolutions and bylaws by corporation
§ 43-33-723. Prohibition against discrimination
§ 43-33-727. Mississippi Home Corporation Oversight Committee
§ 43-33-729. Issuance of negotiable bonds and notes; purpose
§ 43-33-729. Issuance of negotiable bonds and notes; purpose
§ 43-33-731. Form and content of bonds and notes
§ 43-33-733. Issuance of bonds or notes for refunding outstanding bonds or notes
§ 43-33-735. Pledge of earnings, revenues or other assets; liens
§ 43-33-739. Creation of debt service reserve funds
§ 43-33-741. Agreement by state not to alter vested rights
§ 43-33-743. Investment in sinking funds, monies or other funds
§ 43-33-751. Conflict of interest; disclosure
§ 43-33-753. Services of state officers and state agencies
§ 43-33-755. Preference of certain actions or proceedings questioning validity; venue
§ 43-33-757. Term of corporate existence; termination
§ 43-33-759. Mississippi Affordable Housing Development Fund; powers and duties
§ 43-33-761. Construction of Article in conjunction with other Code provisions
§ 43-33-763. Public official not to derive income from issuance of bonds
§ 43-33-765. Construction of Article
§ 43-33-769. Payment of principal and interest; bond specifications
§ 43-33-771. Signature on bonds; interest coupons
§ 43-33-773. Bonds and coupons are negotiable instruments
§ 43-33-775. Sale and form of bonds
§ 43-33-777. Bonds are general obligations of state
§ 43-33-779. Disposition of proceeds of sale of bonds
§ 43-33-781. Issuance of bonds
§ 43-33-783. Validation of bonds; notice
§ 43-33-785. Protection and enforcement of bond holders' rights
§ 43-33-787. Bonds are legal investments and legal securities
§ 43-33-789. Bonds and income tax exempt
§ 43-33-791. Use of bond proceeds
§ 43-33-793. Authorization to issue warrants for payment on bonds
§ 43-33-795. Progress report; annual fiscal reports
§ 43-33-797. Sections 43-33-767 through 43-33-797 give complete authority; effect on other laws