The bank, subject to such agreements with bondholders as may then exist, shall have power out of any funds available therefor to purchase bonds of the bank, which shall thereupon be cancelled, at a price or prices as shall be determined by the bank.
Miss. Code Ann. § 31-25-45
Purchase of bonds by Bank
Known as the Mississippi Development Bank Act
The act spans §§ 31–31 (34 sections).
Laws, 1986, ch. 455, § 23, eff from and after passage (approved April 10, 1986
Current official text: Mississippi Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Mississippi statutes; confirm against the official source for the current text. Not legal advice.