Mississippi Code
Article 7 - Mississippi Small Business Financing Act
§ 57-10-241. Cancellation and redemption of bonds

The company, subject to the provisions in proceedings relating to outstanding bonds as may then exist, may purchase bonds out of any funds available therefor, which shall thereupon be cancelled, at any reasonable price which, if the bonds are then redeemable, shall not exceed the redemption price (and premium, if any) then applicable plus accrued interest to the redemption date thereof.

Structure Mississippi Code

Mississippi Code

Title 57 - Planning, Research and Development

Chapter 10 - Small Business Assistance

Article 7 - Mississippi Small Business Financing Act

§ 57-10-201. Short title

§ 57-10-203. Legislative findings and declarations

§ 57-10-205. Definitions

§ 57-10-207. General powers of board of directors

§ 57-10-209. Issuance and refunding of bonds; methods for financing projects

§ 57-10-211. Participation with lenders in making or purchasing loans

§ 57-10-213. Issuance of bonds to finance projects of eligible businesses

§ 57-10-215. Insurance or guaranty fund

§ 57-10-217. Security for bonds or instruments

§ 57-10-219. Premiums and fees for financial assistance

§ 57-10-221. Applicability of debt limitation or restriction

§ 57-10-223. Procedure for public hearings and approval

§ 57-10-225. Loans to lenders

§ 57-10-227. Investment in, purchase and assignment of loans made by lenders

§ 57-10-229. Promulgation of regulations relating to §§ 57-10-225 and 57-10-227

§ 57-10-231. Payment of bonds; additional security

§ 57-10-233. Liability of state or subdivisions on bonds; personal liability of directors; statement required on face of bond

§ 57-10-237. Miscellaneous provisions of resolution authorizing issuance of bonds

§ 57-10-239. Effect of pledge; recording of resolution or other instruments

§ 57-10-241. Cancellation and redemption of bonds

§ 57-10-243. Trust indenture

§ 57-10-245. Signatures on bonds

§ 57-10-247. Establishment of funds and accounts

§ 57-10-249. Contracts with bondholders

§ 57-10-251. Effect of future amendments to article

§ 57-10-253. Expenses

§ 57-10-257. Investment in bonds; bonds as security for deposits

§ 57-10-259. Annual report

§ 57-10-261. Construction of article