reglab/housing_qa huggingface dataset:
MS Code § 57-1-307 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 1 - Mississippi Development Authority|Local Governments Capital Improvements Revolving Loan Program|§ 57-1-307. Bonds; resolution for issuance; disposition of bond sale proceeds and investment earnings generally

  The State Bond Commission, at one time, or from time to time, may declare by resolution the necessity for issuance of general obligation bonds of the State of Mississippi to provide funds for all costs incurred or to be incurred for the purposes described in Section 57-1-303. Upon the adoption of a resolution by the Mississippi Development Authority, declaring the necessity for the issuance of any part or all of the general obligation bonds authorized by this section, the Mississippi Development Authority shall deliver a certified copy of its resolution or resolutions to the State Bond Commission. Upon receipt of such resolution, the State Bond Commission, in its discretion, may act as the issuing agent, prescribe the form of the bonds, determine the appropriate method for sale of the bonds, advertise for and accept bids or negotiate the sale of the bonds, issue and sell the bonds so authorized to be sold and do any and all other things necessary and advisable in connection with the issuance and sale of such bonds. The total amount of bonds issued under Sections 57-1-307 through 57-1-335 shall not exceed One Hundred Fifteen Million Dollars ($115,000,000.00); provided, however, that an additional amount of bonds may be issued under Sections 57-1-307 and 57-1-335 in an amount not to exceed Thirteen Million Dollars ($13,000,000.00), and the proceeds of any such additional amount of bonds so issued shall be utilized solely to provide loans for capital improvements that would qualify for the issuance of bonds whose interest is exempt from income taxation under the provisions of the Internal Revenue Code.   Proceeds from the sale of bonds shall be deposited in the special fund created in Section 57-1-303. Any investment earnings on amounts deposited into the special fund created in Section 57-1-303 shall be used to pay debt service on bonds issued under Sections 57-1-307 through 57-1-335, in accordance with the proceedings authorizing issuance of such bonds.
MS Code § 57-1-309 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 1 - Mississippi Development Authority|Local Governments Capital Improvements Revolving Loan Program|§ 57-1-309. Bonds; payment of principal and interest; details

 The principal of and interest on the bonds authorized under Section 57-1-307 shall be payable in the manner provided in this section. Such bonds shall bear such date or dates, be in such denomination or denominations, bear interest at such rate or rates (not to exceed the limits set forth in Section 75-17-101, Mississippi Code of 1972), be payable at such place or places within or without the State of Mississippi, shall mature absolutely at such time or times not to exceed twenty-five (25) years from date of issue, be redeemable before maturity at such time or times and upon such terms, with or without premium, shall bear such registration privileges, and shall be substantially in such form, all as shall be determined by resolution of the State Bond Commission.
MS Code § 57-1-311 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 1 - Mississippi Development Authority|Local Governments Capital Improvements Revolving Loan Program|§ 57-1-311. Bonds; execution

 The bonds authorized by Section 57-1-307 shall be signed by the Chairman of the State Bond Commission, or by his facsimile signature, and the official seal of the commission shall be affixed thereto, attested by the Secretary of the State Bond Commission. The interest coupons, if any, to be attached to such bonds may be executed by the facsimile signatures of such officers. Whenever any such bonds shall have been signed by the officials designated to sign the bonds who were in office at the time of such signing but who may have ceased to be such officers before the sale and delivery of such bonds, or who may not have been in office on the date such bonds may bear, the signatures of such officers upon such bonds and coupons shall nevertheless be valid and sufficient for all purposes and have the same effect as if the person so officially signing such bonds had remained in office until their delivery to the purchaser, or had been in office on the date such bonds may bear. However, notwithstanding anything herein to the contrary, such bonds may be issued as provided in the Registered Bond Act of the State of Mississippi.
MS Code § 57-1-313 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 1 - Mississippi Development Authority|Local Governments Capital Improvements Revolving Loan Program|§ 57-1-313. Bonds; negotiability

 All bonds and interest coupons issued under the provisions of Sections 57-1-307 through 57-1-335 have all the qualities and incidents of negotiable instruments under the provisions of the Uniform Commercial Code, and in exercising the powers granted by this chapter, the State Bond Commission shall not be required to and need not comply with the provisions of the Uniform Commercial Code.
MS Code § 57-1-315 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 1 - Mississippi Development Authority|Local Governments Capital Improvements Revolving Loan Program|§ 57-1-315. Bonds; issuance and sale; redemption

 The State Bond Commission shall act as issuing agent for the bonds authorized under Section 57-1-307, prescribe the form of the bonds, determine the appropriate method for sale of the bonds, advertise for and accept bids or negotiate the sale of the bonds, issue and sell the bonds so authorized to be sold, pay all fees and costs incurred in such issuance and sale, and do any and all other things necessary and advisable in connection with the issuance and sale of such bonds. The State Bond Commission is authorized and empowered to pay the costs that are incident to the sale, issuance and delivery of the bonds authorized under Sections 57-1-307 through 57-1-335 from the proceeds derived from the sale of such bonds. The State Bond Commission may sell such bonds on sealed bids at public sale or may negotiate the sale of the bonds for such price as it may determine to be for the best interest of the State of Mississippi. All interest accruing on such bonds so issued shall be payable semiannually or annually.   If such bonds are sold by sealed bids at public sale, notice of the sale shall be published at least one time, not less than ten (10) days before the date of sale, and shall be so published in one or more newspapers published or having a general circulation in the City of Jackson, Mississippi, selected by the commission.   The State Bond Commission, when issuing any bonds under the authority of Sections 57-1-307 through 57-1-335, may provide that bonds, at the option of the State of Mississippi, may be called in for payment and redemption at the call price named therein and accrued interest on such date or dates named therein.
MS Code § 57-1-317 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 1 - Mississippi Development Authority|Local Governments Capital Improvements Revolving Loan Program|§ 57-1-317. Bonds; general obligations of state

 The bonds issued under the provisions of Sections 57-1-307 through 57-1-335 are general obligations of the State of Mississippi, and for the payment thereof the full faith and credit of the State of Mississippi is irrevocably pledged. If the funds appropriated by the Legislature are insufficient to pay the principal of and the interest on such bonds as they become due, then the deficiency shall be paid by the State Treasurer from any funds in the State Treasury not otherwise appropriated. All such bonds shall contain recitals on their faces substantially covering the provisions of this section.
MS Code § 57-1-319 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 1 - Mississippi Development Authority|Local Governments Capital Improvements Revolving Loan Program|§ 57-1-319. Bonds; disposition of proceeds of sale

 Upon the issuance and sale of bonds under the provisions of Sections 57-1-307 through 57-1-335, the State Bond Commission shall transfer the proceeds of any such sale or sales to the special fund created in Section 57-1-303. The proceeds of such bonds shall be disbursed solely upon the order of the Department of Economic and Community Development under such restrictions, if any, as may be contained in the resolution providing for the issuance of the bonds.
MS Code § 57-1-321 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 1 - Mississippi Development Authority|Local Governments Capital Improvements Revolving Loan Program|§ 57-1-321. Bonds; conditions for issuance

 The bonds authorized under Sections 57-1-307 through 57-1-335 may be issued without any other proceedings or the happening of any other conditions or things other than those proceedings, conditions and things which are specified or required by Sections 57-1-307 through 57-1-335. Any resolution providing for the issuance of bonds under the provisions of Sections 57-1-307 through 57-1-335 shall become effective immediately upon its adoption by the State Bond Commission, and any such resolution may be adopted at any regular or special meeting of the State Bond Commission by a majority of its members.
MS Code § 57-1-323 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 1 - Mississippi Development Authority|Local Governments Capital Improvements Revolving Loan Program|§ 57-1-323. Bonds; validation

 The bonds authorized under the authority of Sections 57-1-307 through 57-1-335 may be validated in the Chancery Court of the First Judicial District of Hinds County, Mississippi, in the manner and with the force and effect provided by Chapter 13, Title 31, Mississippi Code of 1972, for the validation of county, municipal, school district and other bonds. The notice to taxpayers required by such statutes shall be published in a newspaper published or having a general circulation in the City of Jackson, Mississippi.
MS Code § 57-1-325 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 1 - Mississippi Development Authority|Local Governments Capital Improvements Revolving Loan Program|§ 57-1-325. Bonds; protection and enforcement of rights of holders

 Any holder of bonds issued under the provisions of Sections 57-1-307 through 57-1-335 or of any of the interest coupons pertaining thereto may, either at law or in equity, by suit, action, mandamus or other proceeding, protect and enforce any and all rights granted under Sections 57-1-307 through 57-1-335, or under such resolution, and may enforce and compel performance of all duties required by Sections 57-1-307 through 57-1-335 to be performed, in order to provide for the payment of bonds and interest thereon.
MS Code § 57-1-327 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 1 - Mississippi Development Authority|Local Governments Capital Improvements Revolving Loan Program|§ 57-1-327. Bonds; legal investments and legal securities

 All bonds issued under the provisions of Sections 57-1-307 through 57-1-335 shall be legal investments for trustees and other fiduciaries, and for savings banks, trust companies and insurance companies organized under the laws of the State of Mississippi, and such bonds shall be legal securities which may be deposited with and shall be received by all public officers and bodies of this state and all municipalities and political subdivisions for the purpose of securing the deposit of public funds.
MS Code § 57-1-329 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 1 - Mississippi Development Authority|Local Governments Capital Improvements Revolving Loan Program|§ 57-1-329. Bonds; exemption from taxation

 Bonds issued under the provisions of Sections 57-1-307 through 57-1-335 and income therefrom shall be exempt from all taxation in the State of Mississippi.
MS Code § 57-1-331 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 1 - Mississippi Development Authority|Local Governments Capital Improvements Revolving Loan Program|§ 57-1-331. Bonds; use of proceeds

 The proceeds of the bonds issued under Sections 57-1-307 through 57-1-335 shall be used solely for the purposes herein provided, including the costs incident to the issuance and sale of such bonds.
MS Code § 57-1-333 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 1 - Mississippi Development Authority|Local Governments Capital Improvements Revolving Loan Program|§ 57-1-333. Bonds; issuance of warrants for payment

 The State Treasurer is authorized to certify to the Department of Finance and Administration the necessity for warrants, and the Executive Director of the Department of Finance and Administration is authorized and directed to issue such warrants, in such amounts as may be necessary to pay when due the principal of, premium, if any, and interest on, or the accreted value of, all bonds issued under Sections 57-1-307 through 57-1-335; and the State Treasurer shall forward the necessary amount to the designated place or places of payment of such bonds in ample time to discharge such bonds, or the interest thereon, on the due dates thereof.
MS Code § 57-1-335 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 1 - Mississippi Development Authority|Local Governments Capital Improvements Revolving Loan Program|§ 57-1-335. Construction of Sections 57-1-307 through 57-1-335

 Sections 57-1-307 through 57-1-335 shall be deemed to be full and complete authority for the exercise of the powers herein granted, but Sections 57-1-307 through 57-1-335 shall not be deemed to repeal or to be in derogation of any existing law of this state.
MS Code § 57-1-351 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 1 - Mississippi Development Authority|Project Cougar Siting Proposal and Authority|§ 57-1-351. Definitions

 Words and phrases used in Sections 57-1-351 through 57-1-369 shall have meanings as follows, unless the context clearly indicates a different meaning:   "Bonds" means general obligation bonds, interim notes and other evidences of debt of the State of Mississippi issued pursuant to Sections 57-1-351 through 57-1-369.   "DECD" means the Department of Economic and Community Development.   "Facility related to the project" means and includes any of the following, as the same may pertain to the project within the project area: (i) facilities to provide potable and industrial water supply systems, sewage and waste disposal systems and water, natural gas and electric transmission systems to the site of the project; (ii) airports, airfields and air terminals; (iii) rail lines; (iv) port facilities; (v) highways, streets and other roadways; (vi) public school buildings, classrooms and instructional facilities, including any functionally related facilities; (vii) parks, outdoor recreation facilities and athletic facilities; (viii) auditoriums, pavilions, campgrounds, art centers, cultural centers, folklore centers and other public facilities; and (ix) health care facilities, public or private.   "Person" means any natural person, corporation, association, partnership, receiver, trustee, guardian, executor, administrator, fiduciary, governmental unit, public agency, political subdivision, or any other group acting as a unit, and the plural as well as the singular.   "Project" means any private company developed under the name "Project Cougar" that is a heavy manufacturing enterprise which will be located on more than two hundred fifty (250) acres of land, will require a building that contains in excess of five hundred thousand (500,000) square feet and will employ in excess of one thousand (1,000) people at the facility in a full-time capacity.   "Project area" means the project site, together with any area or territory within the state lying within fifteen (15) miles of any portion of the project site whether or not such area or territory be contiguous. The project area shall also include all territory within a county if any portion of such county lies within fifteen (15) miles of any portion of the project site. "Project site" means the real property on which the principal facilities of the enterprise will operate.   "Public agency" means:   Any department, board, commission, institution or other agency or instrumentality of the state;   Any city, town, county, political subdivision, school district or other district created or existing under the laws of the state or any public agency of any such city, town, county, political subdivision or district;   Any department, commission, agency or instrumentality of the United States of America; and   Any other state of the United States of America which may be cooperating with respect to location of the project within the state, or any agency thereof.   "State" means State of Mississippi.
MS Code § 57-1-353 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 1 - Mississippi Development Authority|Project Cougar Siting Proposal and Authority|§ 57-1-353. DECD submission of siting proposal; public agency cooperation and concurrence

 DECD is hereby designated and empowered to act on behalf of the state in submitting a siting proposal for the project eligible for assistance under Sections 57-1-351 through 57-1-369. DECD is empowered to take all steps appropriate or necessary to effect the siting, development, and operation of the project within the state. If the state is selected as the preferred site for the project, DECD is hereby designated and empowered to act on behalf of the state and to represent the state in the planning, financing, development, construction and operation of the project or any facility related to the project, with the concurrence of the affected public agency. DECD may take affirmative steps to coordinate fully all aspects of the submission of a siting proposal for the project and, if the state is selected as the preferred site, to coordinate fully, with the concurrence of the affected public agency, the development of the project or any facility related to the project with private business, the United States government and other public agencies. All public agencies are encouraged to cooperate to the fullest extent possible to effectuate the duties of DECD; however, the development of the project or any facility related to the project by DECD may be done only with the concurrence of the affected public agency.
MS Code § 57-1-357 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 1 - Mississippi Development Authority|Project Cougar Siting Proposal and Authority|§ 57-1-357. Board authority to support project

 The Board of Trustees of State Institutions of Higher Learning is hereby authorized to support the project by creating institutes and developing curricula of direct benefit to the enterprise. Upon notification to DECD by the enterprise that the state has been selected as the site of the project, the Board of Trustees of State Institutions of Higher Learning may establish and create programs to enhance the project's success.
MS Code § 57-1-359 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 1 - Mississippi Development Authority|Project Cougar Siting Proposal and Authority|§ 57-1-359. DECD loans to counties or municipalities to further project

 DECD shall utilize not more than the amount of the proceeds of the bonds authorized to be issued under Section 6(3)(b) of Chapter 301, Laws of 1998, for the purpose of making interest-bearing loans to counties or municipalities in order for such counties or municipalities to lend to the private company that falls under the definition of the term "project," the proceeds of the loan from DECD to any such county or municipality.
MS Code § 57-1-365 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 1 - Mississippi Development Authority|Project Cougar Siting Proposal and Authority|§ 57-1-365. Concurrence of county, municipality and/or school district

 DECD shall not undertake to develop any project or facility related to the project within a county, municipality and/or school district without the concurrence of the affected county, municipality and/or school district.
MS Code § 57-1-369 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 1 - Mississippi Development Authority|Project Cougar Siting Proposal and Authority|§ 57-1-369. Cumulative provisions; severability

 The provisions of Sections 57-1-351 through 57-1-369 are cumulative of other statutes now or hereafter enacted relating to DECD, and DECD may exercise all presently held powers in the furtherance of Sections 57-1-351 through 57-1-369. If any section, paragraph, sentence, clause, phrase or any part of the provisions of Sections 57-1-351 through 57-1-369 is declared to be unconstitutional or void, or for any reason is declared to be invalid or of no effect, the remaining sections, paragraphs, sentences, clauses and phrases shall in no manner be affected thereby but shall remain in full force and effect.
MS Code § 57-1-371 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 1 - Mississippi Development Authority|Penalties Under Certain Programs Administered by the Mississippi Development Authority for Entities that are Convicted of Hiring Illegal Immigrants|§ 57-1-371. Ineligibility for loans or grants under Sections 1 through 57 of Chapter 1, Laws of 2005, Third Extraordinary Session, of entities that are convicted of hiring illegal immigrants; repayment of assistance received under Sections 1 through 57 of Chapter 1, Laws of 2005, Third Extraordinary Session, by entities that are convicted of hiring illegal immigrants

 Any business, enterprise or other entity that is criminally convicted by a court of competent jurisdiction of intentionally hiring illegal immigrants shall be ineligible to receive any loan, grant or other form of assistance made available under Sections 1 through 57 of Chapter 1, Laws of 2005, Third Extraordinary Session. Any business, enterprise or other entity that receives any loan, grant or other form of assistance made available under Sections 1 through 57 of Chapter 1, Laws of 2005, Third Extraordinary Session, and is criminally convicted by a court of competent jurisdiction of intentionally hiring illegal immigrants shall repay the full amount of such loan, grant or other form of assistance.