Miss. Code § 57-10-231

Current through the 2024 Regular Session
Section 57-10-231 - Payment of bonds; additional security

Except as may otherwise be expressly provided by the company in proceedings relating to a particular issue of bonds, every issue of its bonds shall be payable solely out of any revenues of the company. The bonds additionally may be secured by a pledge of any grant, contribution or guarantee from the federal government or any person or a pledge by the company of any revenues from any source.

Miss. Code § 57-10-231

Laws, 1985, ch. 450, § 16, eff. 7/1/1985.