All bonds except term bonds of a single issue shall be paid in consecutive annual or semiannual payments.
The first annual or semiannual principal payment upon each authorized issue shall be paid not more than thirty-six (36) months after the date of the bonds.
The last payment of each authorized issue of bonds shall mature not later than forty (40) years after its date of issue.
Structure Mississippi Code
Chapter 3 - Airport Authorities
§ 61-3-5. Creation of municipal airport authority; applicability
§ 61-3-8. Government of regional airport authority located within two or more judicial districts
§ 61-3-9. Certificate of incorporation of regional airport authority
§ 61-3-11. Proof of existence and authority of airport authority
§ 61-3-15. General powers of authority
§ 61-3-17. Exercise of power of eminent domain
§ 61-3-19. Disposal of airport property
§ 61-3-21. Operation and use privileges; exemption from taxation
§ 61-3-23. Promulgation, repeal, etc., of resolutions, rules, regulations, orders and standards
§ 61-3-25. Acceptance of federal and state aid; designation of agent
§ 61-3-27. Issuance of bonds; attorneys' services
§ 61-3-29. Issuance of bonds; authorization resolution
§ 61-3-31. Grounds for contesting validation of bonds
§ 61-3-33. Conclusiveness of authority's classification of project and period of usefulness
§ 61-3-35. Notice of sale of bonds
§ 61-3-37. Opening and award of bids; payment of premium
§ 61-3-41. Interest on bonds; details of bonds generally
§ 61-3-45. Form of bonds and notes; registration
§ 61-3-47. Redemption of bonds and notes
§ 61-3-49. Securing of bond by trust agreement
§ 61-3-51. Lien on revenues pledged to payment of bonds
§ 61-3-55. Redemption of bonds and notes
§ 61-3-57. Negotiability of bonds, notes and coupons
§ 61-3-59. Bonds not to be delivered until validated
§ 61-3-61. Exemption from taxation of interest on bonds and notes
§ 61-3-63. Factors to be considered by authority in determining cost of project
§ 61-3-67. Joint operations; authorization
§ 61-3-69. Joint operations; agreement
§ 61-3-71. Joint operations; joint board generally
§ 61-3-73. Joint operations; limitation of powers of joint board
§ 61-3-75. Joint operations; joint fund
§ 61-3-77. Exemption from taxation of airport property and income
§ 61-3-79. Municipal cooperation with authority
§ 61-3-81. Effect of chapter upon municipal airport zoning regulation
§ 61-3-83. Acquisition, etc., of airports, air navigation facilities, etc.; tort liability
§ 61-3-85. Certain persons prohibited from deriving income from issuance of bonds