Any pledge made by the corporation shall be valid and binding from the time when the pledge was made. The revenues or properties so pledged and thereafter received by the corporation shall immediately be subject to the lien of such pledge without any physical delivery thereof or further act, and the lien of any such pledge shall be valid and binding as against all parties having claims of any kind in tort, contract or otherwise against the corporation, irrespective of whether the parties have notice thereof. Neither the resolution nor any other instrument by which a pledge is created need be recorded.
Structure Mississippi Code
Title 57 - Planning, Research and Development
Chapter 10 - Small Business Assistance
Article 11 - Bonds to Finance Economic Development Projects
§ 57-10-405. General powers and duties of corporation
§ 57-10-407. Power of corporation to accept and expend monies
§ 57-10-409. Financing agreements
§ 57-10-409. Financing agreements
§ 57-10-409. Financing agreements
§ 57-10-411. Certification of company's state income tax liability and amount of tax credits
§ 57-10-413. Job development assessment fee
§ 57-10-413. Job development assessment fee
§ 57-10-415. Payment of revenue bonds; security
§ 57-10-421. Additional provisions in bond issue resolution
§ 57-10-423. Pledge made by corporation; recording of resolution or other instrument
§ 57-10-425. Purchase of bonds by corporation
§ 57-10-429. Signatures on bonds
§ 57-10-431. Establishment of funds and accounts
§ 57-10-433. Contracts with bondholders; securing of moneys held for payment of bonds
§ 57-10-435. Effect of amendments to Sections 57-10-401 through 57-10-445 enacted after July 1, 1993
§ 57-10-437. Payment of expenses of corporation; limitation on liability
§ 57-10-441. Investment in bonds; bonds as security for deposits
§ 57-10-443. Annual report of corporation
§ 57-10-445. Construction of Sections 57-10-401 through 57-10-445
§ 57-10-449. Repeal of Sections 57-10-401 through 57-10-445 and 27-7-22.3