Upon the issuance and sale of bonds under the provisions of Sections 57-44-11 through 57-44-39, the State Bond Commission shall transfer the proceeds of any such sale or sales to the special fund created in Section 57-44-7. The proceeds of such bonds shall be disbursed solely upon the order of the Department of Economic and Community Development under such restrictions, if any, as may be contained in the resolution providing for the issuance of the bonds.
Miss. Code Ann. § 57-44-23
Disposition of proceeds from sale of bonds
Laws, 1995, ch. 563, § 12, eff from and after July 2, 1995.
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.