The corporation shall have the power to contract with the holders of any of its bonds issued under Sections 57-10-401 through 57-10-445 as to the custody, collection, securing, investment and payment of any money of the corporation, and of any money held in trust or otherwise for the payment of bonds, and to carry out such contract. Money held in trust or otherwise for the payment of bonds or in any way to secure bonds and deposits of money may be secured in the same manner as money of the corporation, and all banks and trust companies are authorized to give security for the deposits.
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