The Authority may sell the revenue bonds in such a manner and for such price as it may determine to be for the best interest of the State of Mississippi, but no such sale shall be made at a price less than par, plus accrued interest to date of delivery of the bonds to the purchaser. Notice of the sale of any revenue bonds shall be published at least one (1) time not less than ten (10) days prior to the date of sale, and shall be so published in one or more newspapers published in Jackson, Mississippi, and having general circulation within the State of Mississippi, and in one or more other newspapers or financial journals as may be directed by the Authority.
Miss. Code Ann. § 37-104-23
Sale of bonds
Known as the Mississippi Educational Facilities Authority Act
The act spans §§ 37–37 (25 sections).
Laws, 1985, ch. 480, § 12; reenacted, Laws, 1991, ch. 592, § 12; reenacted, Laws, 1993, ch. 520, § 12, eff from and after July 1, 1993.
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.