Mississippi Code
Chapter 75 - Mississippi Major Economic Impact Act
§ 57-75-15. Powers and duties of State Bond Commission

[From and after July 1, 2022, this section shall read as follows:]
Such bonds shall be issued, from time to time, and in such principal amounts as shall be designated by the authority, not to exceed in aggregate principal amounts the amount authorized in subsection (3) of this section. Proceeds from the sale of the bonds issued under this section may be invested, subject to federal limitations, pending their use, in such securities as may be specified in the resolution authorizing the issuance of the bonds or the trust indenture securing them, and the earning on such investment applied as provided in such resolution or trust indenture.
Notice of the sale of any bonds shall be published at least one time, the first of which shall be made not less than ten (10) days prior to the date of sale, and shall be so published in one or more newspapers having a general circulation in the City of Jackson, Mississippi, selected by the State Bond Commission.
The State Bond Commission, when issuing any bonds under the authority of this section, may provide that the bonds, at the option of the state, may be called in for payment and redemption at the call price named therein and accrued interest on such date or dates named therein.
History. Laws, 1989, ch. 534, § 8; Laws, 1990, ch. 570, § 13; Laws, 1991, ch. 584, § 4; Laws, 1993, ch. 305, § 3; Laws, 1993, ch. 570, § 2; Laws, 1994, ch. 420, § 2; Laws, 1995, ch. 576, § 2; Laws, 1996, ch. 508, § 2; Laws, 1996, ch. 554, § 5; Laws, 1997, ch. 585, § 2; Laws, 2000, ch. 584, § 6; Laws, 2000, 2nd Ex Sess, ch. 1, § 45; Laws, 2000, 3rd Ex Sess, ch. 1, § 9; Laws, 2001, ch. 449, § 1; Laws, 2002, ch. 541, § 7; Laws, 2002, 1st Ex Sess, ch. 2, § 3; Laws, 2003, ch. 3, § 3; Laws, 2003, ch. 326, § 4; Laws, 2003, ch. 513, § 4; Laws, 2004, ch. 484, § 1; Laws, 2004, ch. 507, § 2; Laws, 2004, 3rd Ex Sess, ch. 1, § 93; Laws, 2005, ch. 315, § 3; Laws, 2005, ch. 521, § 3; Laws, 2005, 4th Ex Sess, ch. 1, § 2; Laws, 2005, 5th Ex Sess, ch. 1, § 2; Laws, 2006, ch. 538, § 8; Laws, 2006, 1st Ex Sess, ch. 2, § 3; Laws, 2007, ch. 303, § 4; Laws, 2007, 1st Ex Sess, ch. 1, § 4; Laws, 2008, 1st Ex Sess, ch. 45, § 4; Laws, 2009, ch. 302, § 3; Laws, 2009, ch. 303, § 3; Laws, 2009, ch. 464, § 2; Laws, 2010, ch. 301, § 4; Laws, 2010, ch. 405, § 4; Laws, 2011, ch. 431, § 1; Laws, 2013, ch. 567, § 1; Laws, 2013, ch. 569, § 34; Laws, 2013, 1st Ex Sess, ch. 1, § 4; brought forward without change by Laws, 2014, ch. 427, § 4; Laws, 2014, ch. 500, § 1; Laws, 2016, 1st Ex Sess, ch. 1, § 4; Laws, 2016, ch. 511, § 18; Laws, 2017, ch. 390, § 7, eff from and after July 1, 2017; Laws, 2018, ch. 412, § 4, eff from and after July 1, 2018; Laws, 2019, HB1427, § 6, eff from and after July 1, 2019; Laws, 2018, ch. 412, § 4, eff from and after July 1, 2022.

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