Any holder of revenue bonds issued under the provisions of this chapter or of any of the interest coupons pertaining thereto, except to the extent that such rights are not restricted by the resolution directing the issuance of such bonds, may, either at law or in equity, by suit, action, mandamus, or other proceeding protect and enforce any and all rights granted hereunder or under such resolution, and may enforce and compel performance of all duties required by this chapter or by any such resolution or by any such lease agreement to be performed by the authority or any officer thereof, including the fixing, charging, and collecting of revenues, rents, and other charges for the use of the project, but no holder of any such bond shall have the right to compel any exercise of taxing power by such county to provide funds to pay any such bonds or the interest thereon, or to enforce the payment thereof against any property of such county, nor shall any such bond constitute a charge, lien, or encumbrance, legal or equitable, upon any property of the county.
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