No bonds issued by the authority under this chapter shall constitute a debt, liability or general obligation of the state, or a pledge of the faith and credit of the state, but shall be payable solely as provided by Sections 41-73-43 and 41-73-45. Each bond issued under this chapter shall contain on the face thereof a statement that neither the faith and credit nor the taxing power of the state or any political subdivision thereof is pledged to the payment of the principal of or the interest on such bond.
Miss. Code Ann. § 41-73-51
Authority’s bonds do not obligate state; neither faith and credit nor taxing power of state or subdivisions pledged
Known as the Mississippi Hospital Equipment and Facilities Authority Act
The act spans §§ 41–41 (38 sections).
Laws, 1983, ch. 493, § 26, eff from and after passage (approved April 11, 1983
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.