The State Treasurer is authorized to certify to the Department of Finance and Administration the necessity for warrants, and the Executive Director of the Department of Finance and Administration is authorized and directed to issue such warrants, in such amounts as may be necessary to pay when due the principal of, premium, if any, and interest on, or the accreted value of, all bonds issued under Sections 57-1-307 through 57-1-335; and the State Treasurer shall forward the necessary amount to the designated place or places of payment of such bonds in ample time to discharge such bonds, or the interest thereon, on the due dates thereof.
Structure Mississippi Code
Title 57 - Planning, Research and Development
Chapter 1 - Mississippi Development Authority
Local Governments Capital Improvements Revolving Loan Program
§ 57-1-305. General powers and duties of department
§ 57-1-309. Bonds; payment of principal and interest; details
§ 57-1-313. Bonds; negotiability
§ 57-1-315. Bonds; issuance and sale; redemption
§ 57-1-317. Bonds; general obligations of state
§ 57-1-319. Bonds; disposition of proceeds of sale
§ 57-1-321. Bonds; conditions for issuance
§ 57-1-325. Bonds; protection and enforcement of rights of holders
§ 57-1-327. Bonds; legal investments and legal securities
§ 57-1-329. Bonds; exemption from taxation
§ 57-1-331. Bonds; use of proceeds
§ 57-1-333. Bonds; issuance of warrants for payment
§ 57-1-335. Construction of Sections 57-1-307 through 57-1-335