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2019 Mississippi Code
Title 31 - Public Business, Bonds and Obligations
Chapter 27 - Mississippi Bond Refinancing Act
§ 31-27-11. Security for refunding bonds
Universal Citation: MS Code § 31-27-11 (2019)
Refunding bonds may be secured by a pledge of: (a) the same source of security as the bonds to be refunded, or (b) such other security as the governing body of the governmental unit may lawfully pledge, or both; all as may be provided by resolution of the governing body of the governmental unit.
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