Security for refunding bonds

Miss. Code Ann. § 31-27-11, under Mississippi Bond Refinancing Act.

Miss. Code Ann. § 31-27-11

Refunding bonds may be secured by a pledge of: (a) the same source of security as the bonds to be refunded, or (b) such other security as the governing body of the governmental unit may lawfully pledge, or both; all as may be provided by resolution of the governing body of the governmental unit.