There is a newer version of the Mississippi Code
2016 Mississippi Code
Title 51 - Waters, Water Resources, Water Districts, Drainage, and Flood Control
Chapter 29 - Drainage Districts With Local Commissioners
§ 51-29-67. Negotiable evidences of debt to contractor
MS Code § 51-29-67 (2016) What's This?
Said board of commissioners may also issue to the contractor or other persons who do the work, or any part thereof, negotiable evidences of debt of the district, bearing interest at a rate not to exceed six per cent per annum, secured in like manner as the bonds above provided for.
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