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Mississippi Statutes, Title 31

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Title 31, Public Business, Bonds and Obligations

18 chapters · 334 sections in this title.

All chapters in Title 31334 Ch 7, Public Purchases63 Ch 17, State Bonds; Retirement of Bonds58 Ch 25, Mississippi Development Bank Act33 Ch 31, Mississippi Telecommunications Confe…21 Ch 5, Public Works Contracts20 Ch 19, Public Debts15 Ch 1, General Provisions Relative to Publi…14 Ch 3, State Board of Public Contractors14 Ch 15, Refunding Bonds14 Ch 29, Institute for Technology Development14 Ch 27, Mississippi Bond Refinancing Act13 Ch 18, Variable Rate Debt Instruments12 Ch 11, State Construction Projects11 Ch 23, Mississippi Private Activity Bonds A…10

21 sections·Filtered byTitle 31✕Ch 31✕

Miss. Code Ann. § 31-31-1 Short title
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This chapter may cited as the Mississippi Telecommunication Conference and Training Center Act.
Miss. Code Ann. § 31-31-11 Levy, assessment, and collection of occupancy tax in City of Jackson; disposition of proceeds of tax; Mississippi Telecommunication Conference and Training Facility Reserve Fund
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(1) For the purpose of providing funds for the payment of a certain portion of the debt service on any bonds issued pursuant to this chapter and for the purpose of providing funds for the maintenance of the facility and renovations, improvements and additions to the facility, the…
Miss. Code Ann. § 31-31-13 Set aside of portion of contracts and expenditures for socially and economically disadvantaged individuals [For contingent repeal of this section, see Editor’s note]
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(1) The commission, for the purpose of promoting fairness and equity in the awarding of state business and contracts under the provisions of this chapter, may set aside for socially and economically disadvantaged individuals not more than twenty percent (20%) of its contracts and…
Miss. Code Ann. § 31-31-15 Authorization of issuance of general obligation bonds for construction, equipping and furnishing of telecommunication conference and training facility; advertisement and sale of bonds; limitation on indebtedness

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(1) Upon receipt of (a) a resolution from the Mississippi Telecommunication Conference and Training Facility Commission stating that the commission is ready to proceed with the planning and construction of a telecommunication conference and training facility to be located in the …

Miss. Code Ann. § 31-31-17 Form, denominations, maturities, terms, etc., of bonds; payment of principal of and interest on bonds

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The principal of and interest on the bonds authorized under this chapter shall be payable in the manner provided in this section. Such bonds shall bear such date or dates, be in such denomination or denominations, bear interest at such rate or rates not exceeding the limits set f…

Miss. Code Ann. § 31-31-19 Execution of bonds and coupons

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The bonds authorized under this chapter shall be signed by the Chairman of the State Bond Commission, or by his facsimile signature, and the official seal of the State Bond Commission shall be affixed thereto, attested by the Secretary of the State Bond Commission. The interest c…

Miss. Code Ann. § 31-31-21 Negotiability of bonds and interest coupons; compliance with Uniform Commercial Code

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All bonds and interest coupons issued under the provisions of this chapter have all the qualities and incidents of negotiable instruments under the provisions of the Mississippi Uniform Commercial Code, and in exercising the powers granted by this chapter, the State Bond Commissi…

Miss. Code Ann. § 31-31-23 Issuance and sale of bonds by State Bond Commission

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The State Bond Commission shall act as the issuing agent for the bonds authorized under this chapter, prescribe the form of the bonds, advertise for and accept bids, issue and sell the bonds so authorized to be sold, pay all fees and costs incurred in such issuance and sale, and …

Miss. Code Ann. § 31-31-25 Pledge of full faith and credit of state for payment of bonds

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The bonds issued under the provisions of this chapter are general obligations of the State of Mississippi, and for the payment thereof the full faith and credit of the State of Mississippi is irrevocably pledged. If the funds appropriated by the Legislature are insufficient to pa…

Miss. Code Ann. § 31-31-27 Issuance of warrants for payment of bonds

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The State Treasurer is authorized to certify to the State Fiscal Officer the necessity for warrants, and the State Fiscal Officer is authorized and directed to issue such warrants, in such amounts as may be necessary to pay when due the principal of, premium, if any, and interest…

Miss. Code Ann. § 31-31-29 Telecommunication Conference Center Fund

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Upon the issuance and sale of bonds under this chapter, the State Bond Commission shall deposit the proceeds of any such sale or sales in a special fund created in the State Treasury to be known as the “Telecommunication Conference Center Fund.” The proceeds of such bonds shall b…

Miss. Code Ann. § 31-31-3 Definitions

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(a) As used in this chapter:(a) “Commission” means the Mississippi Telecommunication Conference and Training Center Commission.(b) “Facility” means the Mississippi Telecommunication Conference and Training Center located in the City of Jackson, Mississippi.(c) “Hotel” or “motel” …

Miss. Code Ann. § 31-31-31 Necessity for additional proceedings for issuance of bonds; adoption and effective date of resolution providing for issuance of bonds

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The bonds authorized under this chapter may be issued without any other proceedings or the happening of any other conditions or things other than those proceedings, conditions and things that are specified or required by this chapter. Any resolution providing for the issuance of …

Miss. Code Ann. § 31-31-33 Validation of bonds

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The bonds authorized under the authority of this chapter may be validated in the Chancery Court of the First Judicial District of Hinds County, Mississippi, in the manner and with the force and effect provided by this chapter, for the validation of county, municipal, school distr…

Miss. Code Ann. § 31-31-35 Enforcement of rights by holders of bonds

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Any holder of bonds issued under this chapter or of any of the interest coupons pertaining to the bonds may, either at law or in equity, by suit, action, mandamus or other proceeding, protect and enforce all rights granted under this chapter, or under such resolution, and may enf…

Miss. Code Ann. § 31-31-37 Investment in bonds by trustees, savings banks, trust companies, etc.; bonds as legal securities for deposit of public funds

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All bonds issued under this chapter shall be legal investments for trustees and other fiduciaries, and for savings banks, trust companies and insurance companies organized under the laws of the State of Mississippi, and such bonds shall be legal securities that may be deposited w…

Miss. Code Ann. § 31-31-39 Exemption from taxation of bonds and income from bonds

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Bonds issued under this chapter and income from the bonds shall be exempt from all taxation in the State of Mississippi.

Miss. Code Ann. § 31-31-41 Construction of chapter

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This chapter shall be deemed to be full and complete authority for the exercise of the powers granted, but this chapter shall not be deemed to repeal or to be in derogation of any existing law of this state.

Miss. Code Ann. § 31-31-5 Creation of Mississippi Telecommunications Conference and Training Center Commission; composition; appointment, terms and compensation of members; officers; quorum; director; abolition; transfer of records, personal property, funds and other assets

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(1) There is hereby created a commission to be known as the “Mississippi Telecommunication Conference and Training Center Commission” which shall consist of eleven (11) members as follows:(a) The Executive Director of the Department of Economic and Community Development;(b) The M…

Miss. Code Ann. § 31-31-7 General powers and duties of commission [For contingent repeal of this section, see Editor’s note]

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(a) The commission shall have the following powers:(a) To sue and be sued in its own name;(b) To maintain offices at such places as it may designate;(c) To establish, construct, enlarge, improve, maintain, equip, operate and regulate the facility and other property incidental the…

Miss. Code Ann. § 31-31-9 Mississippi Telecommunications Conference and Training Center Fund [For contingent repeal of this section, see Editor’s note]

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All monies and revenues collected by the commission from fees, rates and charges for the use of its facilities shall be paid by the commission to the State Treasurer, to be deposited to the credit of a special fund to be known as the Mississippi Telecommunication Conference and T…