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Miss. Code Ann. § 37-47-63

Construction of chapter; contract between bondholders and state

Codes, 1942, § 6247-24; Laws, 1953, Ex Sess, ch. 13, § 24, eff from and July 1, 1954.

In consideration of the acceptance and purchase of the bonds authorized under the provisions of this chapter, by those who shall hold the same from time to time, this chapter shall be deemed and shall constitute a contract between the State of Mississippi and such holders and shall be irrepealable until such time as all bonds and interim certificates issued under the provisions of this chapter shall have been fully paid.

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.