When the results of the election on the question of the issuance of bonds under the provisions of this article shall have been canvassed by the election commissioners of such county and certified by them to the board of supervisors of such county, it shall be the duty of such board of supervisors to determine and adjudicate whether or not three-fifths (3/5ths) of the qualified electors who voted in such election voted in favor of the issuance of such bonds and, unless three-fifths (3/5ths) of the qualified electors who voted in such election shall have voted in favor of the issuance of such bonds, then such bonds shall not be issued. Should three-fifths (3/5ths) of the qualified electors who vote in such election vote in favor of the issuance of such bonds, then the board of supervisors of the county may issue such bonds, either in whole or in part, within two years from the date of such election, or within two years after the final favorable termination of any litigation affecting the issuance of such bonds, as such board shall deem best.
Structure Mississippi Code
Title 59 - Ports, Harbors, Landings and Watercraft
Chapter 7 - County and Municipal Harbors
Article 3 - Supplementary Provisions
§ 59-7-101. Nature and application of article
§ 59-7-103. Port fund; procedure for bringing county within provisions of article
§ 59-7-105. Issuance of bonds by board of supervisors
§ 59-7-107. Details of bonds; supplemental powers and authorizations as to bond issues
§ 59-7-109. Maturities of bonds; interest
§ 59-7-113. Resolution of intention to issue bonds; bond issue election generally
§ 59-7-115. Notice of election on bond issue
§ 59-7-119. Duties of board of supervisors as to elections
§ 59-7-121. Disposition of proceeds of bond issues; penalties for diversion
§ 59-7-123. Transfer of proceeds of bond issue to port bonds interest and sinking fund
§ 59-7-127. Meetings; officers
§ 59-7-129. Powers and duties of commission generally
§ 59-7-131. Recommendations by commission as to expenditure of funds