2016 Mississippi Code
Title 51 - Waters, Water Resources, Water Districts, Drainage, and Flood Control
Chapter 11 - Pearl River Basin Development District
§ 51-11-69. Election results; certification; time for issuance of bonds following favorable vote
When the results of the election on the question of the issuance of the bonds is canvassed by the county election commissioners and certified by them to the board of directors of the district, the board of directors shall determine and adjudicate whether or not three-fifths (3/5) of the qualified electors who voted in the election voted in favor of the issuance of the bonds. Unless three-fifths (3/5) of the qualified electors who voted in the election voted in favor of the issuance of the bonds, the bonds shall not be issued. If three-fifths (3/5) of the qualified electors who vote in the election vote in favor of the issuance of the bonds, the board of directors may issue the bonds, either in whole or in part, within five (5) years from the date of the election or within five (5) years after the final favorable termination of any litigation affecting the issuance of the bonds, as the board of directors deems best.
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