reglab/housing_qa huggingface dataset:
MS Code § 37-47-29 (2020)
2020 Mississippi Code|Title 37 - Education|Chapter 47 - State Aid for Construction of School Facilities|§ 37-47-29. Awarding of contracts for capital improvements

 All contracts for capital improvements by any school district which are financed in whole or in part with funds received from the state public school building fund pursuant to an application approved by the commission shall be awarded and entered into upon receipt of sealed bids or proposals after the time and place of letting such contracts and the manner of bidding has been duly advertised. The contract shall be let and awarded to the lowest and best bidder but the board of trustees or other governing body of the school district shall have the power to reject any and all bids. No such contract shall be finally awarded or entered into without the prior written approval of the commission. It is hereby expressly provided that in order to bid upon and be awarded contracts for the construction of school facilities under the provisions of this chapter, if such contract, subcontract or undertaking is less than Fifty Thousand Dollars ($50,000.00), it shall not be necessary that the bidder obtain a certificate of responsibility from the Board of Public Contractors under the provisions of Chapter 3, Title 31, of the Mississippi Code of 1972, or otherwise be qualified under said chapter, and none of the provisions of said chapter shall be applicable to such contracts for the construction of school facilities under the provisions hereof. Notwithstanding the foregoing provisions of this section or any other provisions of law, the contract for construction of a secondary vocational and technical training center for exclusive use and operation by a county school district may be entered into and awarded by the board of trustees of a junior college district where a grant of federal funds by the Appalachian Commission has been made to the board of trustees of such junior college district to assist in financing construction of such secondary vocational and technical training facility for such county school district.
MS Code § 37-47-31 (2020)
2020 Mississippi Code|Title 37 - Education|Chapter 47 - State Aid for Construction of School Facilities|§ 37-47-31. Continuation and functions of state bond commission

 The state bond commission now consisting of the governor, attorney general and treasurer of the State of Mississippi, each acting ex officio, is hereby continued in existence for the purpose of this chapter and with full power and authority to issue state school bonds to the extent, for the purposes, and in the manner and subject to the limitations set forth in this chapter.
MS Code § 37-47-33 (2020)
2020 Mississippi Code|Title 37 - Education|Chapter 47 - State Aid for Construction of School Facilities|§ 37-47-33. Authorization of issuance of bonds by state bond commission; limitation on amount of bonds

 For the purpose of (a) providing funds to enable the State Board of Education to make loans or advances to school districts as provided by Section 37-47-25, and for the purpose of (b) providing funds for the payment and redemption of certificates of credit issued to school districts under Section 37-47-23, when such funds are not otherwise available, or for the purpose of (c) providing funds in an amount not exceeding Twenty Million Dollars ($20,000,000.00) for the payment of allocations of Mississippi Adequate Education Program funds to school districts for capital expenditures approved by the State Board of Education which have not been pledged for debt by the school district, when such funds are not otherwise available, or for any of such purposes, the State Bond Commission is authorized and empowered to issue state school bonds under the conditions prescribed in this chapter. The aggregate principal amount of such bonds outstanding at any one (1) time, after deducting the amount of the sinking fund provided for the retirement of bonds issued for such purposes, shall never exceed the sum of One Hundred Million Dollars ($100,000,000.00). Within such limits, however, state school bonds may be issued from time to time under the conditions prescribed in this chapter. None of such bonds so issued shall have a maturity date later than July 1, 2021.
MS Code § 37-47-35 (2020)
2020 Mississippi Code|Title 37 - Education|Chapter 47 - State Aid for Construction of School Facilities|§ 37-47-35. Request for issuance of bonds

 Before any state school bonds are issued as authorized by this chapter, the state educational finance commission shall transmit to the state bond commission a request for the issuance thereof in the form of a resolution adopted by said state educational finance commission. Said request shall embody the following:   A schedule showing the aggregate of bonds issued pursuant to previous requests, the purposes for which the same were issued, the annual payments required to retire such bonds and the interest thereon, and the amount of sinking fund applicable to the retirement of such outstanding bonds;   The amount of bonds sought to be issued, the purpose or purposes for which such bonds are to be issued, and the amount intended for each purpose;   A schedule showing future annual principal requirements and estimated annual interest requirements on the bonds requested to be issued;   The estimated amount of the advances which the commission intends to make within the then current fiscal year;   The aggregate amount for which advances have been approved, but which await completion because the funds necessary to make the same are not available;   The aggregate amount of certificates of credit issued to school districts which are to be paid or redeemed by the commission with the proceeds of such bonds and for which no funds are otherwise available.
MS Code § 37-47-37 (2020)
2020 Mississippi Code|Title 37 - Education|Chapter 47 - State Aid for Construction of School Facilities|§ 37-47-37. Prerequisites to issuance of bonds

 If it shall appear to the satisfaction of the state bond commission from the request provided for in Section 37-47-35:   That the estimate of the needs for the then current fiscal year as shown pursuant to the requirement of Section 37-47-35, requires bonds to be issued in the amount requested; and   That the issue will be within the limitations prescribed by Section 37-47-33;   then it shall be the duty of the state bond commission to issue state school bonds in accordance with said request.
MS Code § 37-47-39 (2020)
2020 Mississippi Code|Title 37 - Education|Chapter 47 - State Aid for Construction of School Facilities|§ 37-47-39. Full faith and credit of state pledged to pay bonds

 For the purpose of paying the principal of and interest upon all state school bonds issued under the authority of this chapter, there shall be and there is hereby pledged the full faith, credit, and taxing power of the State of Mississippi.
MS Code § 37-47-41 (2020)
2020 Mississippi Code|Title 37 - Education|Chapter 47 - State Aid for Construction of School Facilities|§ 37-47-41. Execution of bonds; form, terms and conditions; redemption

 All state school bonds issued under the provisions of this chapter shall be signed by the governor, or by his facsimile signature, and attested by the secretary of state. The great seal of the State of Mississippi shall be affixed to or impressed upon each of them. Coupons attached to such bonds may bear only the facsimile signatures of both the governor and secretary of state. Subject to the provisions of this chapter the state bond commission shall have full discretion in providing for the issuance of such bonds and in fixing the terms and details thereof. Said state bond commission may provide for the issuance of such bonds in such form, either coupon or registered, with such registration privileges, and executed in such manner and payable in such medium and at such place or places, and containing such terms, covenants and provisions as the state bond commission may, by resolution or resolutions, provide. All or any part of the bonds issued under the authority of this chapter may be made optional for redemption prior to maturity in the discretion of the state bond commission, and in such case such bonds shall specify the manner in and premiums at which the bonds shall be so redeemable. Such bonds shall not be redeemable before maturity unless same expressly so provide.
MS Code § 37-47-43 (2020)
2020 Mississippi Code|Title 37 - Education|Chapter 47 - State Aid for Construction of School Facilities|§ 37-47-43. Printing of bonds; denominations; interest

 All bonds issued under the authority of this chapter shall be lithographed or engraved and printed in two (2) or more colors to prevent counterfeiting. Such bonds shall be issued in denominations as shall be specified by the State Bond Commission. No bond shall bear more than one (1) rate of interest; each bond shall bear interest from its date to its stated maturity date at the interest rate specified in the bid; all bonds of the same maturity shall bear the same rate of interest from date to maturity; all interest accruing on such bonds so issued shall be payable semiannually or annually, except that the first interest coupon attached to any such bond may be for any period not exceeding one (1) year.   No interest payment shall be evidenced by more than one (1) coupon and neither cancelled nor supplemental coupons shall be permitted. The interest rate of any one (1) interest coupon shall not exceed eight percent (8%) except that the interest rate of any one (1) coupon issued after March 31, 1981, shall not exceed seven percent (7%).
MS Code § 37-47-45 (2020)
2020 Mississippi Code|Title 37 - Education|Chapter 47 - State Aid for Construction of School Facilities|§ 37-47-45. Maturity of bonds

 All bonds issued under the authority of this chapter shall mature annually. None of such bonds shall have a final maturity date of more than twenty (20) years from the date of the issuance thereof, and in no event shall the final maturity date of any such bonds be later than July 1, 2004. In issuing such bonds, the state bond commission shall be authorized and empowered to provide maturities therefor in such amounts and at such times as the state bond commission shall deem appropriate, proper and feasible. No bonds shall be issued and sold under the provisions of this chapter for less than par and accrued interest.
MS Code § 37-47-47 (2020)
2020 Mississippi Code|Title 37 - Education|Chapter 47 - State Aid for Construction of School Facilities|§ 37-47-47. Sale of bonds; disposition of proceeds of sale

 All state school bonds issued under the provisions of this chapter shall be sold by the said state bond commission upon sealed competitive bids or proposals after advertisement therefor and publication of the notice of such sale in the manner provided by law.   The proceeds of the sale of all state school bonds shall be placed in the "state public school building fund" and shall be expended only for the purposes authorized by this chapter. However, the premium, if any, received for any such bonds and the accrued interest paid thereon, if any, shall be placed in the sinking fund established for the payment of said bonds.
MS Code § 37-47-49 (2020)
2020 Mississippi Code|Title 37 - Education|Chapter 47 - State Aid for Construction of School Facilities|§ 37-47-49. Interim certificates; supplemental powers conferred in issuance of bonds

 In anticipation of the issuance of any bonds authorized under the provisions of this chapter, the state bond commission may authorize and issue interim certificates payable to bearer or to the purchaser of the bonds. Such interim certificates may be in such form and may contain such terms, conditions, or provisions and such agreement or agreements relative to their discharge, either through payment or through the delivery of the bonds, as the commission, by resolution or resolutions, determines.   Notwithstanding the foregoing provisions of this section, bonds referred to hereinabove may be issued pursuant to the supplemental powers and authorizations conferred by the provisions of the Registered Bond Act, being Sections 31-21-1 through 31-21-7.
MS Code § 37-47-51 (2020)
2020 Mississippi Code|Title 37 - Education|Chapter 47 - State Aid for Construction of School Facilities|§ 37-47-51. Negotiability of bonds and interim certificates

 All bonds issued under the provisions of this chapter and all interim certificates issued under the provisions of this chapter, except those fully registered, shall be fully negotiable within the meaning and for all the purposes of the Uniform Commercial Code.
MS Code § 37-47-53 (2020)
2020 Mississippi Code|Title 37 - Education|Chapter 47 - State Aid for Construction of School Facilities|§ 37-47-53. Exemption from taxation of bonds and interim certificates

 All bonds and interim certificates issued under the provisions of this chapter and all interest thereon and income therefrom shall be exempt from all taxation, except gift, transfer, and inheritance taxes.
MS Code § 37-47-55 (2020)
2020 Mississippi Code|Title 37 - Education|Chapter 47 - State Aid for Construction of School Facilities|§ 37-47-55. Duties of state treasurer

 The state treasurer shall keep a record in his office of the issuance of all bonds issued under the provisions of this chapter, and he shall execute a certificate to that effect on the back of each bond, which certificate may be signed by either the original or the facsimile signature of the state treasurer. The state treasurer shall also keep proper records relating to the sale and issuance of bonds under the provisions of this chapter, and the amounts received therefor and paid into the state treasury for the purposes provided in this chapter. He shall also keep a full and complete record of all registered bonds issued under the provisions of this chapter.
MS Code § 37-47-57 (2020)
2020 Mississippi Code|Title 37 - Education|Chapter 47 - State Aid for Construction of School Facilities|§ 37-47-57. Payment of expenses of bond commission

 The state educational finance commission is hereby authorized and directed to pay, on approval of the governor, out of any funds derived from the issuance of state school bonds or otherwise in its hands and available for such purpose, any expense which may be incurred by the state bond commission or by the State of Mississippi or its officials in connection with the authorization and issuance of bonds and interim certificates under the provisions of this chapter, including the expense of preparing and delivering said bonds or interim certificates, legal fees, and all other expenses necessarily incurred in connection with the issuance, sale, and delivery of any such bonds and interim certificates.
MS Code § 37-47-59 (2020)
2020 Mississippi Code|Title 37 - Education|Chapter 47 - State Aid for Construction of School Facilities|§ 37-47-59. Validation of bond issues

 All bonds issued under the authority of this chapter may, in the discretion of the state bond commission, be validated in the chancery court of Hinds County, Mississippi, in the manner and with the force and effect now or hereafter provided by Chapter 13, Title 31, of the Mississippi Code of 1972. In the event of such validation, the necessary papers shall be transmitted to the state bond attorney by the secretary of said state bond commission and the required notice shall be addressed to the taxpayers of the State of Mississippi and shall be published in a newspaper of general circulation published in the City of Jackson, Mississippi.
MS Code § 37-47-61 (2020)
2020 Mississippi Code|Title 37 - Education|Chapter 47 - State Aid for Construction of School Facilities|§ 37-47-61. Sinking fund

 For the purpose of providing for the payment of the principal of and interest upon bonds issued under the provisions of this chapter according to the terms thereof, there shall be and there is hereby established in the state treasury a sinking fund for such payment. Said sinking fund shall consist of the premiums and accrued interest paid upon any such bonds so issued and of such other amount as shall be paid into such fund by appropriation or other authorization by the legislature. In cases where the loan or advance to a school district was made from the proceeds of bonds issued under the provisions of this chapter, the state educational finance commission shall annually pay into said sinking fund the amounts of annual grants to which any school district is entitled and which are used for the repayment of the principal of and interest upon a loan or grant made to such school district under the authority of Section 37-47-25. However, where the loan or advance was made from accumulations in the state public school building fund the amounts of the annual grants to which the school districts are entitled which are used for the repayment of principal of and interest upon such loan or grant shall be paid into the state public school building fund and not into the bond and interest sinking fund.
MS Code § 37-47-63 (2020)
2020 Mississippi Code|Title 37 - Education|Chapter 47 - State Aid for Construction of School Facilities|§ 37-47-63. Construction of chapter; contract between bondholders and state

 In consideration of the acceptance and purchase of the bonds authorized under the provisions of this chapter, by those who shall hold the same from time to time, this chapter shall be deemed and shall constitute a contract between the State of Mississippi and such holders and shall be irrepealable until such time as all bonds and interim certificates issued under the provisions of this chapter shall have been fully paid.
MS Code § 37-47-65 (2020)
2020 Mississippi Code|Title 37 - Education|Chapter 47 - State Aid for Construction of School Facilities|§ 37-47-65. Construction of chapter; power of school districts to raise funds

 Nothing in this chapter shall be construed to prohibit a school district from issuing its bonds, negotiable notes, or certificates of indebtedness for the purposes, in the manner, to the extent, and subject to the limitations provided by Sections 37-59-1 through 37-59-45, or any other applicable sections, and the authority granted by this chapter shall be construed as being additional, supplemental, and cumulative thereto. The proceeds of the sale of any such bonds, negotiable notes, or certificates of indebtedness so issued by any such school district may be used for the purpose for which they were issued and may be expended in conjunction with funds provided by the state educational finance commission under the provisions of this chapter, or may be expended without such funds, if same be not available.
MS Code § 37-47-67 (2020)
2020 Mississippi Code|Title 37 - Education|Chapter 47 - State Aid for Construction of School Facilities|§ 37-47-67. Appeals

 Any county board of education or board of trustees of any school district, including a municipal separate school district, which may be aggrieved by any final rule, regulation, or order of the state educational finance commission adopted under the provisions of this chapter shall have the right to appeal therefrom to the chancery court of the county in which the school district involved or any part thereof is located in like manner, within the same time, with like effect, and subject in all other respects to appeals from orders, rules, and regulations of the state educational finance commission as provided in Chapter 45 of this Title, the provisions of which are hereby made applicable in all respects to appeals from orders, rules, and regulations of the commission under the provisions of this chapter.
MS Code § 37-49-1 (2020)
2020 Mississippi Code|Title 37 - Education|Chapter 49 - Loans to Students|§ 37-49-1. Short title

 This chapter may be cited as the "Uniform Minor Student Capacity to Borrow Law."
MS Code § 37-49-3 (2020)
2020 Mississippi Code|Title 37 - Education|Chapter 49 - Loans to Students|§ 37-49-3. Definitions

 As used in this chapter:   "person" means any individual, corporation, government or governmental subdivision or agency, business trust, estate, trust, partnership or association, or any other legal entity;   "educational institution" means a university, college, community college, junior college, high school, technical, vocational or professional school, or similar institution, wherever located, approved or accredited by the state department of education for the purposes of this chapter, or by the appropriate official, department or agency of the state in which the institution is located; and   "educational loan" means a loan or other aid or assistance for the purpose of furthering the obligor's education at an educational institution.
MS Code § 37-49-5 (2020)
2020 Mississippi Code|Title 37 - Education|Chapter 49 - Loans to Students|§ 37-49-5. Enforceability of written obligation of minor in consideration of educational loan

 Any written obligation that is not usurious signed by a minor sixteen or more years of age in consideration of an educational loan received by him from any person is enforceable as if he were an adult at the time of execution, but only if prior to the making of the educational loan an educational institution has certified in writing to the person making the educational loan that the minor is enrolled, or has been accepted for enrollment, in the educational institution and only if the making of said educational loan is approved in writing prior to the making thereof by at least one parent, legal guardian or person in loco parentis to said minor.   The laws of the State of Mississippi regarding usury shall be applicable regarding all such loans.
MS Code § 37-51-1 (2020)
2020 Mississippi Code|Title 37 - Education|Chapter 51 - Financial Assistance to Children Attending Nonsectarian Private Schools|§ 37-51-1. Legislative findings and declarations

 It is hereby determined and declared that the state reaffirms its commitment and dedication to public school education; that nothing contained in this chapter shall be construed in any manner whatever to be an abandonment or impairment of public school education in this state; that the state calls upon all public school trustees, administrators, teachers, parents, and the public at large to continue full support of the public school system of this state; and that, especially during these difficult times, all school officials, administrators, teachers and others with primary responsibility for the public school system merit and need continued support and encouragement in their efforts.
MS Code § 37-51-3 (2020)
2020 Mississippi Code|Title 37 - Education|Chapter 51 - Financial Assistance to Children Attending Nonsectarian Private Schools|§ 37-51-3. Administration of chapter

 The terms and provisions of this chapter shall be administered and executed by the state educational finance commission. For the purpose of this chapter, the term "commission" shall mean "state educational finance commission" except where the context clearly indicates otherwise.
MS Code § 37-51-5 (2020)
2020 Mississippi Code|Title 37 - Education|Chapter 51 - Financial Assistance to Children Attending Nonsectarian Private Schools|§ 37-51-5. State educational loan fund created

 There shall be, and there is hereby, created in the state treasury, a special fund to be known as the "state educational loan fund." The said fund shall consist of such amounts as may be paid into said fund by appropriation and also such amounts as may be returned to said fund as repayments, both principal and interest, from loans provided for in this chapter.