2010 Mississippi Code
TITLE 43 - PUBLIC WELFARE
Chapter 33 - Housing and Housing Authorities.
43-33-777 - Bonds are general obligations of state.
§ 43-33-777. Bonds are general obligations of state.
The bonds issued under the provisions of Sections 43-33-767 through 43-33-797 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 pay the principal of and the interest on such bonds as they become due, then the deficiency shall be paid by the State Treasurer from any funds in the State Treasury not otherwise appropriated. All such bonds shall contain recitals on their faces substantially covering the provisions of this section.
Sources: Laws, 1994, ch. 556, § 6, eff from and after July 1, 1994.
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