Any municipality issuing bonds or other obligations pursuant to this chapter by resolution or resolutions duly adopted, is hereby given authority to execute and deliver a mortgage or deed of trust on any or all lands, properties, improvements and facilities, the acquisition, construction, maintenance or operation of which are provided for by this chapter. Such resolution or resolutions of such municipality shall prescribe the provisions, covenants and conditions of any such mortgage or deed of trust. Such provisions, covenants and conditions, if not self-executing, may be enforced by appropriate proceedings, either in law or in equity.
Structure Mississippi Code
Title 59 - Ports, Harbors, Landings and Watercraft
Chapter 15 - Small Craft Harbors
§ 59-15-1. Acquisition of land, harbor sites or water frontage by certain cities
§ 59-15-3. Operation of improvements and facilities
§ 59-15-5. General powers of municipality as to bonds
§ 59-15-7. Authority to issue bonds; audit and inspection of accounts
§ 59-15-9. Payment of principal and interest on bonds generally
§ 59-15-11. Details of bonds; interim certificates
§ 59-15-13. Disposition of proceeds of bonds; penalties for diversion; guarantee of payment of bonds
§ 59-15-15. Mortgage or deed of trust