Revenue bonds issued under the provisions of Sections 69-5-15 and 69-5-19 shall not be deemed to constitute a debt of the State of Mississippi or a pledge of the full faith and credit of the state, but such bonds shall be payable solely from the special revenues provided therefor as hereinabove set forth, and the issuance of such revenue bonds shall not directly, indirectly, or contingently obligate the state to levy or pledge any form of taxation whatever therefor, and all such bonds shall contain recitals on their face substantially covering the foregoing provisions of this section.
Structure Mississippi Code
Title 69 - Agriculture, Horticulture, and Animals
Chapter 5 - Fairs; Stock Shows; Improvement of Livestock
Article 1 - Mississippi Fair Commission and State Fair Grounds
§ 69-5-1. Mississippi Fair Commission created
§ 69-5-5. Executive secretary of Mississippi Fair Commission
§ 69-5-7. Headquarters of Mississippi Fair Commission
§ 69-5-8. "Kirk Fordice Equine Center" designated
§ 69-5-9. Effect of Sections 69-5-1 through 69-5-9 on livestock shows
§ 69-5-13. Requests for improvement of State Fair grounds
§ 69-5-15. Revenue bonds; issuance for improvement on state fair grounds
§ 69-5-17. Revenue bonds; sale, payment and redemption
§ 69-5-19. Revenue bonds; disposition of proceeds; additional bonds in case of deficit
§ 69-5-21. Revenue bonds; state not obligated by issuance
§ 69-5-23. Revenue bonds; negotiability
§ 69-5-25. Revenue bonds; sections constitute full authority for issuance; validation