The resolution providing for the issuance of revenue bonds hereunder shall contain such provisions for protecting and enforcing the rights and remedies of the bondholders as may reasonably be proper and not in violation of law, including, but not limited to, covenants setting forth the duties of the authority in relation to the acquisition of property, the construction of a project, the maintenance, operation, repair, and insuring of the project, and the custody, safeguarding, and application of all moneys, and may also provide that any project shall be constructed and paid for under the supervision and approval of the consulting engineers or architects employed or designated by the authority, and may also contain provisions concerning the conditions, if any, upon which additional revenue bonds may be issued.
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