2019 Mississippi Code
Title 59 - Ports, Harbors, Landings and Watercraft
Chapter 9 - County Port Authority or Development Commission
§ 59-9-75. Proceedings for issuance and validation of bonds issued under Sections 59-9-65 through 59-9-75; applicability of debt limitations

Universal Citation: MS Code § 59-9-75 (2019)
  • (1) Sections 59-9-65 through 59-9-75, without reference to any other statute, shall be deemed to be full and complete authority for the issuance of such bonds by such county, and no proceedings shall be required for the issuance of such bonds other than those provided for and required herein, and the limitations of Sections 59-9-37 through 59-9-49, shall not be applicable to the bonds issued under the provisions of Sections 59-9-65 through 59-9-75 nor shall such bonds be included or computed in the statutory limitations of indebtedness of any such county, and all the necessary powers to be exercised by the board of supervisors of such county in order to carry out the provisions of Sections 59-9-65 through 59-9-75, are hereby conferred.

  • (2) The bonds authorized under the authority of Sections 59-9-65 through 59-9-75 may, in the discretion of the board of supervisors of such county, be validated in the chancery court of such county in a manner and with the force and effect provided now or hereafter by Sections 31-13-1 through 31-13-11, Mississippi Code of 1972, for the validation of county, municipal, school district and other bonds.

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