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14 chapters · 678 sections in this title.
Miss. Code Ann. § 77-5-35 Pledge of state to bondholders that it will not impair rate-making power of authority
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The state does pledge to and agree with the holders of bonds issued by the authority that the state will not limit or alter the rights and powers vested in the authority to fix and collect such rates, fees and charges as may be necessary or advisable in order to produce sufficien…
Miss. Code Ann. § 77-5-37 Security for bonds
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(a) In connection with the issuance of bonds or in order to secure the payment of its bonds, the authority incorporated under this article shall have power:(a) To pledge all or any part of its revenues.(b) To vest in a trustee or trustees the right to enforce any covenant made to…
Miss. Code Ann. § 77-5-39 Rights and remedies of bondholders
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In addition to all other rights and all other remedies, any holders of bonds of the authority, including a trustee for bondholders, shall have the right by mandamus or other suit, action or proceeding, at law or in equity, to enforce their rights against the authority and the boa…
Miss. Code Ann. § 77-5-41 Moneys of the authority
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All moneys of the authority, from whatever source derived, shall be deposited in one or more banks or trust companies and, if the authority shall so require, each of such accounts shall be continuously secured by a pledge of direct obligations of the United States of America or o…
