The bonds authorized by Section 57-44-11 shall be signed by the Chairman of the State Bond Commission, or by his facsimile signature, and the official seal of the commission shall be affixed thereto, attested by the Secretary of the State Bond Commission. The interest coupons, if any, to be attached to such bonds may be executed by the facsimile signatures of such officers. Whenever any such bonds shall have been signed by the officials designated to sign the bonds who were in office at the time of such signing but who may have ceased to be such officers before the sale and delivery of such bonds, or who may not have been in office on the date such bonds may bear, the signatures of such officers upon such bonds and coupons shall nevertheless be valid and sufficient for all purposes and have the same effect as if the person so officially signing such bonds had remained in office until their delivery to the purchaser, or had been in office on the date such bonds may bear. However, notwithstanding anything herein to the contrary, such bonds may be issued as provided in the Registered Bond Act of the State of Mississippi.
Structure Mississippi Code
Title 57 - Planning, Research and Development
Chapter 44 - Local Governments Freight Rail Service Projects
§ 57-44-1. Legislative findings and declaration of purpose
§ 57-44-5. Establishment of local governments freight rail service revolving loan program
§ 57-44-9. General powers and duties of Department of Economic and Community Development
§ 57-44-13. Interest rates, maturity, and form of bonds
§ 57-44-15. Execution of bonds and interest coupons
§ 57-44-21. Payment of principal and interest on bonds
§ 57-44-23. Disposition of proceeds from sale of bonds
§ 57-44-27. Validation of bonds
§ 57-44-29. Enforcement of rights of holders of bonds or coupons
§ 57-44-31. Bonds deemed legal investments and securities
§ 57-44-33. Exemption from taxation of bonds