All revenues, income and moneys received by the bridge and park commission shall be deposited in the depository or depositories which shall be selected by the governing authorities of the municipality or county, in the same manner as depositories are selected for said municipality or county, and shall at all times be secured in the manner provided by law for the securing of deposits of municipalities or counties. Any such depository shall hold such funds in an account in all respects separate and distinct from the accounts in which the other funds of the municipality or county are held, and separate and distinct from all other accounts. In the event that bonds should be issued, as hereinafter provided in this chapter, payable from the income of the commission, then such depository shall hold, manage and account for the funds of the commission in accordance with any resolution authorizing such bonds adopted by the bridge and park commission.
Structure Mississippi Code
Title 55 - Parks and Recreation
Chapter 7 - Bridge and Park Commissions
§ 55-7-3. General grant of authority to certain municipalities and counties
§ 55-7-9. Compensation of members of commission
§ 55-7-11. General powers of commission
§ 55-7-13. Acquisition of lands by commission; authorization
§ 55-7-15. Acquisition of lands by commission; confirmation of title to submerged lands
§ 55-7-17. Construction, operation, etc., of bridges, ferries, causeways, and tunnels by commission
§ 55-7-19. Improvement, etc., of lands acquired by commission
§ 55-7-25. Employment of personnel by commission
§ 55-7-27. Dredging, etc., of channels
§ 55-7-29. Acceptance of federal aid and assistance
§ 55-7-31. Disposition of revenues of commission
§ 55-7-33. Issuance of bonds by commission generally
§ 55-7-35. Imposition of tax levy for payment of bonds
§ 55-7-37. Division of ad valorem taxes on commission's property
§ 55-7-39. Details of bonds; execution and sale of bonds
§ 55-7-41. Security for payment of bonds generally
§ 55-7-45. Pledge of or payments from revenue derived through Section 65-33-45
§ 55-7-47. Validation of bonds
§ 55-7-49. Rates, fees, charges, and tolls for services or use of facilities
§ 55-7-51. Enforcement of rights of bondholders
§ 55-7-53. Incorporation of islands into municipality
§ 55-7-55. Cooperation with other state entities
§ 55-7-57. Construction of chapter; authority and powers conferred
§ 55-7-59. Construction of chapter; cumulative and supplemental; repeal or impairment of other laws