The authority may issue revenue bonds pledging to the payment thereof as to both principal and interest the revenues or any portion thereof, derived or to be derived from all or any of its projects, and any additions and betterments thereto or extensions thereof, or contributions or advances from its members. Bonds of the authority shall be authorized by a resolution adopted by its governing board and spread upon its minutes.
Structure Mississippi Code
Title 77 - Public Utilities and Carriers
Chapter 6 - Municipal Gas Authority of Mississippi Law
§ 77-6-9. Membership in authority after its creation; withdrawal
§ 77-6-11. Board of commissioners
§ 77-6-13. Executive committee of board of commissioners
§ 77-6-15. Rights and powers of authority
§ 77-6-19. Municipalities that may contract with authority
§ 77-6-21. Contracts to buy gas from authority
§ 77-6-23. Excess capacity or output may be sold or exchanged
§ 77-6-25. Provisions to be construed as authorizing joint and several ownership of projects
§ 77-6-27. Acquisition of property; contract requirements
§ 77-6-29. Power to issue revenue bonds
§ 77-6-31. Revenue bonds; powers and duties
§ 77-6-35. Rents, rates, fees and charges by municipality
§ 77-6-37. Rents, rates, fees and charges by authority
§ 77-6-39. Pledge of municipality or authority valid and binding when made
§ 77-6-41. Investment of all monies received
§ 77-6-43. Rights of holders of bonds
§ 77-6-45. Bonds to be securities
§ 77-6-47. Obligations of issuing municipality or authority
§ 77-6-51. Evidence of indebtedness to be considered negotiable instruments
§ 77-6-55. Exemption from taxation
§ 77-6-57. Dissolution of board of commissioners
§ 77-6-59. Annual reports; audits
§ 77-6-61. Application of laws of other states
§ 77-6-63. Grants and loans authorized
§ 77-6-67. Where utility commission and municipality have same governing authorities
§ 77-6-69. Provisions supplemental to other laws
§ 77-6-73. Provisions to be liberally construed
§ 77-6-75. Members of legislature to have no interest in bonds