Revenue bonds issued under the provisions of this chapter shall not be deemed to constitute a debt of such county or a pledge of the faith and credit of such county, but such bonds shall be payable solely from the special fund provided therefor as hereinafter set forth, and the issuance of such revenue bonds shall not directly, indirectly, or contingently obligate the county to levy or pledge any form of taxation whatever therefor, and all such bonds shall contain recitals on their face substantially covering the foregoing provisions of this section.
Structure Mississippi Code
Title 57 - Planning, Research and Development
Chapter 31 - County Industrial Development Authorities
§ 57-31-1. Establishment; composition; qualifications, appointment, and terms of office of members
§ 57-31-3. Oath and bond of members; meetings; compensation of members
§ 57-31-7. Receipt and expenditure of county funds
§ 57-31-9. Issuance of notes or bonds generally
§ 57-31-11. Negotiability of bonds and interest coupons; exemption from taxation of bonds
§ 57-31-15. Disposition of proceeds of bonds
§ 57-31-17. Validation of bonds
§ 57-31-21. Contents of bond issue resolution
§ 57-31-23. Pledge and allocation of revenues, rents, and earnings
§ 57-31-25. Enforcement of bondholder's rights
§ 57-31-27. Bonds as legal investments and securities
§ 57-31-29. Exemption from taxation of property of authority