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2017 Mississippi Code
Title 31 - Public Business, Bonds and Obligations
Chapter 25 - Mississippi Development Bank Act
Article 1 - General Provisions
- § 31-25-1. Short title
- § 31-25-3. Legislative intent; construction
- § 31-25-5. Definitions
- § 31-25-7. Mississippi Development Bank created
- § 31-25-9. Bank's powers vested in board
- § 31-25-11. Quorum for conducting business; per diem compensation; expenses
- § 31-25-13. Repealed
- § 31-25-15. Disclosure of contractual interest
- § 31-25-17. Acceptance of membership on bank; nonforfeiture of office or employment
- § 31-25-19. Powers and duties of Bank
- § 31-25-20. Power of bank to loan money to local governmental unit
- § 31-25-21. Power of bank to loan money to local governmental unit
- § 31-25-23. Loans to local governmental units; purchase or sale of municipal securities
- § 31-25-25. Prohibited transactions
- § 31-25-27. Powers of local governmental units to contract with bank; issuance of securities; pledges for repayment; personal liability of local governmental officials; validation of securities; waiver of defenses; fraudulent acts; agreements with regard to powers of State Tax Commission; certain local governmental units required to make certifications to Mississippi Development Bank before issuance of bonds; local governmental units authorized to borrow money from any United States government loan guarantee program
- § 31-25-28. Purpose for which loan may be made
- § 31-25-29. Intergovernmental cooperation
- § 31-25-31. Bonds issued by Bank as general or special obligations of Bank; issuance of bonds as affecting State's obligation to levy or collect taxes or assessments; liability of State for payment of principal or interest
- § 31-25-33. Exemption from taxation
- § 31-25-35. Report; audit of books and accounts
- § 31-25-37. Issuance of bonds by bank for corporate purposes
- § 31-25-39. Resolution of Board authorizing or relating to issuance of bonds; contracts
- § 31-25-41. Pledge of revenues or other moneys
- § 31-25-43. Establishment of funds or accounts
- § 31-25-45. Purchase of bonds by Bank
- § 31-25-47. Agreements or contracts for safekeeping of municipal bonds or other investments
- § 31-25-49. Reservation of State power
- § 31-25-51. Bonds of bank as legal investments; authorized investments by bank
- § 31-25-53. Chapter provisions as cumulative
- § 31-25-55. Savings clause
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