Mississippi Code
Toll Roads and Toll Bridges
§ 65-43-25. Bonds; disposition of proceeds

Upon the issuance and sale of bonds under the provisions of Sections 65-43-9 through 65-43-39, the State Bond Commission shall transfer the proceeds of any such sale or sales to a special fund created in Section 65-43-9. The proceeds of such bonds shall be disbursed solely upon the order of the Mississippi Transportation Commission under such restrictions, if any, as may be contained in the resolution providing for the issuance of the bonds.

Structure Mississippi Code

Mississippi Code

Title 65 - Highways, Bridges and Ferries

Chapter 43 - Toll Roads and Toll Bridges

Toll Roads and Toll Bridges

§ 65-43-1. Authority of Transportation Commission, counties and municipalities to construct, operate and maintain new toll roads or toll bridges

§ 65-43-2. Legislative findings

§ 65-43-3. Authority of Transportation Commission, counties and municipalities to contract with companies for financing, constructing, operating or maintaining toll roads or toll bridges; requests for proposals; rights and responsibilities of parties...

§ 65-43-4. Transportation Commission to report to legislature on performance of companies contracted with regarding construction, operation and maintenance of toll road or toll bridge projects

§ 65-43-5. Construction of Sections 65-43-1 and 65-43-3

§ 65-43-6. Penalties for failure or refusal to pay required toll on toll road or toll bridge facility

§ 65-43-11. Special bond sinking fund

§ 65-43-15. Bonds; payment of principal and interest; details

§ 65-43-17. Bonds; execution

§ 65-43-19. Bonds; negotiability

§ 65-43-21. Bonds; issuance and sale; redemption

§ 65-43-23. Bonds; nature; source of payment of principal and interest; applicability of debt limitation

§ 65-43-25. Bonds; disposition of proceeds

§ 65-43-27. Bonds; conditions for issuance

§ 65-43-29. Bonds; validation

§ 65-43-31. Bonds; protection and enforcement of rights of bondholders

§ 65-43-33. Bonds; legal investments and securities

§ 65-43-35. Bonds; exemption from taxation

§ 65-43-37. Bonds; use of proceeds

§ 65-43-39. Bonds; issuance of warrants for payment