reglab/housing_qa huggingface dataset:
MS Code § 31-17-55 (2020)
2020 Mississippi Code|Title 31 - Public Business, Bonds and Obligations|Chapter 17 - State Bonds; Retirement of Bonds|Retirement of Bonds|§ 31-17-55. Local bonds; cancellation

 Whenever the board of supervisors of any county or the board of mayor and aldermen or the proper authorities of any municipalities and/or of any taxing district or other subdivision of any county may have acquired title to any of the bonds of such county, district, or municipality by purchase with, or at the expense of, the sinking funds of the particular sinking fund collected for the purpose of paying the principal of and interest on bonds of the issue so acquired, and sufficient funds shall accumulate in such sinking fund above the amount invested in such bonds, when added to other funds to be paid into said sinking funds within the succeeding twelve (12) months, to provide for and pay the principal of and interest on the bonds of such issue maturing and falling due within the succeeding twelve (12) months, the board of supervisors of such county and of the county embracing such district, and/or board of mayor and aldermen or proper authorities of such municipality or district or subdivision may cancel such bonds so acquired, by order entered upon its minutes and its clerk making entry of cancellation of such bonds upon the proper bond register and stamping or perforating same to show cancellation thereof after cancellation of such bonds, no further taxes shall be levied or collected for the payment of the principal of or interest on the bonds so canceled.
MS Code § 31-17-57 (2020)
2020 Mississippi Code|Title 31 - Public Business, Bonds and Obligations|Chapter 17 - State Bonds; Retirement of Bonds|Retirement of Bonds|§ 31-17-57. State and local bonds; paying agent to repay unused funds

 When funds are forwarded to the paying agent of the state, any county or taxing district thereof, or any municipality for the purpose of paying bonds and interest coupons as provided by law, and all bonds and interest coupons to be paid out of such funds are not presented for payment to such paying agent within one (1) year after the due date of such bonds and interest coupons, such bonds and interest coupons shall be payable at the state treasury, the county depository, or the municipal depository, as the case may be.   The paying agent shall submit as of June 30 and December 31 of each year, and within thirty (30) days of that date, a statement of the amount paid on bonds and interest coupons of each bond issue during the previous twelve (12) months and the balance remaining in its hands for such payment at the conclusion of one (1) year on the date submitted, and at least one (1) year from the date the bonds or coupons were due. With the statement submitted, the paying agent shall remit and refund, without demand or request, such balance in its hands. Any money so recovered shall be deposited to the credit of the fund from which it was drawn, and if said fund no longer exists, then said money shall be deposited to the credit of the general fund of the state, county, district or municipality, as the case may be.
MS Code § 31-17-59 (2020)
2020 Mississippi Code|Title 31 - Public Business, Bonds and Obligations|Chapter 17 - State Bonds; Retirement of Bonds|Retirement of Bonds|§ 31-17-59. State and local bonds; demand for repayment

 It shall be the duty of the auditor and the state treasurer, within sixty (60) days after the close of each fiscal year, to check the records in their offices and ascertain definitely the amount of bonds and interest coupons which have matured more than twelve (12) months before the close of the last fiscal year and which have not been paid; and if it shall appear that funds for the payment of such bonds and coupons have been forwarded to the paying agent and have not been used for the purpose of paying such bonds and coupons, it shall be the duty of the state treasurer to make demand upon the paying agent for the repayment of said funds into the state treasury within thirty (30) days from the date of such demand.   In like manner, it shall be the duty of the clerk of the board of supervisors of each county and of the municipal clerk of each municipality, within sixty (60) days after the close of each fiscal year, to check the bond register and other records in his office and ascertain definitely the amount of bonds and interest coupons of the county, any taxing district, or of the municipality, as the case may be, which have matured more than twelve (12) months before the close of the last fiscal year and which have not been paid; and if it shall appear that funds for the payment of such bonds and coupons have been forwarded to the paying agent and have not been used for the purpose of paying such bonds and coupons, it shall be the duty of the clerk of the board of supervisors, or the municipal clerk, as the case may be, to make demand upon the paying agent for the repayment of said funds into the county depository or municipal depository, as the case may be, within thirty (30) days from the date of such demand.   In the event such paying agent shall fail to refund into the state treasury, the county depository, or municipal depository, as the case may be, such unexpended balance or balances as provided for in sections 31-17-57 and 31-17-59, it shall be the duty of the attorney general on behalf of the state, or the board of supervisors or municipal authorities on behalf of the county or municipality, as the case may be, to cause suit to be instituted for the recovery of such funds.
MS Code § 31-17-61 (2020)
2020 Mississippi Code|Title 31 - Public Business, Bonds and Obligations|Chapter 17 - State Bonds; Retirement of Bonds|Retirement of Bonds|§ 31-17-61. State bonds; destruction of paid and cancelled bonds and coupons

 The State of Mississippi, acting by resolution of the State Bond Commission or any political subdivision thereof acting by resolution of its governing body, may authorize and direct the paying agent or agents for each issue of its bonds and coupons to destroy all bonds and coupons duly paid and cancelled, and may accept in lieu thereof their certificate containing a description of such bonds and coupons so destroyed as proof of such destruction. Such bonds and coupons duly paid and cancelled may be destroyed not earlier than one (1) year after the date upon which such bonds and coupons are surrendered for payment, and only after the resolution of the State Bond Commission or the political subdivision's governing body authorizing the destruction thereof has been delivered to the paying agent or agents of the respective bond issues.
MS Code § 31-17-75 (2020)
2020 Mississippi Code|Title 31 - Public Business, Bonds and Obligations|Chapter 17 - State Bonds; Retirement of Bonds|Highway Funding|§ 31-17-75. Legislative intent regarding highway funding

 The intent of the Legislature is for the structuring of maturity schedules and escrow accounts which will allow the greatest amount of revenues to be used for current construction of highways, while retaining a sound program of retiring the refunding bonds in an economically feasible manner. It is the further intent that all funds available under any of the provisions of Chapter 478, Laws of 1978, shall be invested at all times when not needed to pay the expenses authorized under the provisions of Chapter 478, Laws of 1978, and to pay the principal of and the interest on any bonds payable under the provisions of Chapter 478, Laws of 1978, as they become due.
MS Code § 31-17-77 (2020)
2020 Mississippi Code|Title 31 - Public Business, Bonds and Obligations|Chapter 17 - State Bonds; Retirement of Bonds|Highway Funding|§ 31-17-77. Restrictions on payment of implementation costs

 None of the costs involved in the implementation of the provisions of Chapter 478, Laws of 1978, shall be paid to any member or employee of the executive or legislative department of the State of Mississippi, either directly or indirectly, or to any firm, association, or corporation in which any member or employee of the executive or legislative department has a pecuniary interest; provided, however, commissions paid to banks and licensed securities dealers in the usual and ordinary course of business shall not be considered cost for the purposes of this section; provided, further, any such state employee or official may be reimbursed for his actual expenses. Any person, firm, association or corporation making or receiving such payments in violation of the provisions of this section shall be liable to the State of Mississippi for triple the amount of such payments.   The provisions of this section shall also apply to any person who was a member or employee of the executive or legislative department of the State of Mississippi at the time of the passage of this section.
MS Code § 31-17-101 (2020)
2020 Mississippi Code|Title 31 - Public Business, Bonds and Obligations|Chapter 17 - State Bonds; Retirement of Bonds|State Bond Commission; Notes to Maintain Working Balance in General Fund|§ 31-17-101. State Bond Commission; members; delegation of powers and duties; adoption of rules

 There is hereby created a commission to be known as as the "State Bond Commission" (hereinafter referred to as the "commission"), which shall consist of the Governor, Attorney General and Treasurer of the State of Mississippi. The Governor shall act as chairman of the commission, the Attorney General shall act as secretary of the commission, and the State Treasurer shall be treasurer of the commission. The successive incumbents in the offices of Governor, Attorney General and State Treasurer shall succeed their predecessors as members of the commission upon assumption of their duties and the completion of their oaths of office. The powers of the commission shall be vested in and exercised by a majority of the members of the commission. The commission may delegate to one or more of its members, or to its officers, agents and employees, such powers and duties as it may deem proper, and may adopt rules for the conduct of its business.
MS Code § 31-17-107 (2020)
2020 Mississippi Code|Title 31 - Public Business, Bonds and Obligations|Chapter 17 - State Bonds; Retirement of Bonds|State Bond Commission; Notes to Maintain Working Balance in General Fund|§ 31-17-107. Full faith and credit of state pledged on notes

 For the prompt payment of said notes at maturity, both principal and interest, the full faith, credit and resources of the State of Mississippi are hereby irrevocably pledged.
MS Code § 31-17-109 (2020)
2020 Mississippi Code|Title 31 - Public Business, Bonds and Obligations|Chapter 17 - State Bonds; Retirement of Bonds|State Bond Commission; Notes to Maintain Working Balance in General Fund|§ 31-17-109. Sale of notes

 The notes herein authorized shall be sold from time to time by the commission as the needs for the proceeds thereof may arise, which sale shall be made on such terms and in such manner as may be deemed by the commission to be to the best interest of the State of Mississippi, except as herein otherwise provided.
MS Code § 31-17-111 (2020)
2020 Mississippi Code|Title 31 - Public Business, Bonds and Obligations|Chapter 17 - State Bonds; Retirement of Bonds|State Bond Commission; Notes to Maintain Working Balance in General Fund|§ 31-17-111. Commission to fix terms and details of notes and provide for issuance

 The commission in providing for the issuance of the notes herein authorized shall have full discretion (consistent with the provisions of Section 31-17-103 hereof) in fixing the terms and details thereof, and may provide for the issuance of said notes in such form, executed in such manner and payable at such place or places, and containing such terms, covenants and provisions as said commission may, by resolution or resolutions, provide.
MS Code § 31-17-113 (2020)
2020 Mississippi Code|Title 31 - Public Business, Bonds and Obligations|Chapter 17 - State Bonds; Retirement of Bonds|State Bond Commission; Notes to Maintain Working Balance in General Fund|§ 31-17-113. Use of proceeds limited to purposes provided

 The proceeds of the sale of the notes herein authorized shall be paid into the state treasury and used for the purpose herein provided, and for no other purposes.
MS Code § 31-17-115 (2020)
2020 Mississippi Code|Title 31 - Public Business, Bonds and Obligations|Chapter 17 - State Bonds; Retirement of Bonds|State Bond Commission; Notes to Maintain Working Balance in General Fund|§ 31-17-115. Issuance of interim certificates in anticipation of notes; supplemental powers conferred in issuance of bonds

 In anticipation of the issuance of the notes herein authorized, the commission may authorize and issue interim certificates payable to bearer or to the purchaser of the notes. Such interim certificates may be in such form and may contain such terms, conditions or provisions and such agreement or agreements relating to their discharge, through the delivery of the notes, as the commission may by resolution or resolutions determine.   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 § 31-17-117 (2020)
2020 Mississippi Code|Title 31 - Public Business, Bonds and Obligations|Chapter 17 - State Bonds; Retirement of Bonds|State Bond Commission; Notes to Maintain Working Balance in General Fund|§ 31-17-117. Notes and interim certificates to be fully negotiable

 All notes and interim certificates, issued pursuant to the provisions of Sections 31-17-101 through 31-17-123, shall be fully negotiable within the meaning and for all purposes of the Uniform Commercial Code as said law is now or may hereafter be in force in the State of Mississippi.
MS Code § 31-17-119 (2020)
2020 Mississippi Code|Title 31 - Public Business, Bonds and Obligations|Chapter 17 - State Bonds; Retirement of Bonds|State Bond Commission; Notes to Maintain Working Balance in General Fund|§ 31-17-119. Taxation of notes, interest and income

 All notes issued hereunder and all interest thereon and income therefrom shall be exempt from all taxation except gift, transfer and inheritance taxes.
MS Code § 31-17-121 (2020)
2020 Mississippi Code|Title 31 - Public Business, Bonds and Obligations|Chapter 17 - State Bonds; Retirement of Bonds|State Bond Commission; Notes to Maintain Working Balance in General Fund|§ 31-17-121. State treasurer to keep records of notes issued

 The State Treasurer shall keep a record in his office of the issuance of the notes herein authorized and shall execute a certificate to that effect on the back of each note, 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 notes hereunder and the amounts received therefor and paid into the treasury for the purposes herein provided.
MS Code § 31-17-125 (2020)
2020 Mississippi Code|Title 31 - Public Business, Bonds and Obligations|Chapter 17 - State Bonds; Retirement of Bonds|State Bond Commission; Notes to Maintain Working Balance in General Fund|§ 31-17-125. Authority to borrow money and funds

 This chapter, without reference to any other statute, shall be deemed to be full and complete authority for the borrowing of money and funds in the manner and for the purposes authorized hereunder, and none of the restrictions, requirements, conditions or limitations of law applicable to the issuance or sale of notes or other evidences of indebtedness or the making of any arrangements authorized hereunder shall apply and all powers necessary to be exercised in order to carry out the provision of this chapter are hereby conferred.
MS Code § 31-17-151 (2020)
2020 Mississippi Code|Title 31 - Public Business, Bonds and Obligations|Chapter 17 - State Bonds; Retirement of Bonds|Temporary Borrowings in Anticipation of Issuance of State-Supported Debt|§ 31-17-151. Definitions

 As used in Sections 31-17-151 through 31-17-181, the following words shall have the meanings ascribed herein unless the context clearly requires otherwise:   "Notes" shall mean notes, replacement notes, refunding notes or similar evidence of indebtedness.   "State-supported debt" shall mean any bonds or other evidence of indebtedness, including bonds to be issued to fund reserve funds and costs of issuance, as previously or hereinafter authorized, from time to time, to be issued by the state for which the state is or will be constitutionally obligated to pay debt service or is or will be contractually obligated to pay debt service subject to an appropriation; however, this definition shall not apply to debt issued by the Mississippi Development Bank or similar state agencies or authorities.   "State" shall mean the State of Mississippi.   "Commission" shall mean the State Bond Commission of the state.
MS Code § 31-17-153 (2020)
2020 Mississippi Code|Title 31 - Public Business, Bonds and Obligations|Chapter 17 - State Bonds; Retirement of Bonds|Temporary Borrowings in Anticipation of Issuance of State-Supported Debt|§ 31-17-153. State Bond Commission authorized to make temporary borrowings in anticipation of issuance of state-supported debt

 Pending the issuance of any state-supported debt, the commission is hereby authorized in accordance with the provisions of Sections 31-17-151 through 31-17-181 and on the credit of the state, to make temporary borrowings, from time to time, in anticipation of the issuance of state-supported debt in order to provide funds in such amounts as may, from time to time, be deemed advisable prior to the issuance of state-supported debt. In order to provide for and in connection with such temporary borrowings, the commission is hereby authorized in the name and on behalf of the state, to enter into agreements, which agreements may contain such provisions not inconsistent with the provisions of Sections 31-17-151 through 31-17-181, with any banks, trust companies, investment banking firms or other institutions or persons in the United States of America having the power to enter the same:   To purchase or underwrite an issue or series of issues of notes.   To enter into any purchase, loan, line of credit, credit or similar agreements, and to draw monies, from time to time, pursuant to any such agreements on the terms and conditions set forth therein and to issue notes as evidence of borrowings made under any such agreements.   Such agreements may provide for the compensation of any purchasers or underwriters of such notes by payment of a fee or commission, and for all other costs and expenses, including fees for agreements related to the sale and issuance of notes. All costs and expenses of sale and issuance of notes may be paid from the proceeds of the notes or from any other lawfully available source of monies.
MS Code § 31-17-155 (2020)
2020 Mississippi Code|Title 31 - Public Business, Bonds and Obligations|Chapter 17 - State Bonds; Retirement of Bonds|Temporary Borrowings in Anticipation of Issuance of State-Supported Debt|§ 31-17-155. Temporary borrowings to be evidenced by notes; security

 All temporary borrowings made under Sections 31-17-151 through 31-17-181 shall be evidenced by notes of the state which shall be sold and issued, from time to time, at competitive or negotiated sale, for such amounts not exceeding in the aggregate the applicable statutory and constitutional debt limitation in connection with the related state-supported debt, in such form and in such denominations and subject to terms and conditions of sale and issuance, prepayment or redemption and maturity, variable and/or fixed rate or rates of interest, time of payment of interest and other applicable provisions as the commission shall authorize and direct and in accordance with Sections 31-17-151 through 31-17-181. All notes issued pursuant to Sections 31-17-151 through 31-17-181 may be secured by a pledge of: (a) the same source of security as the related state-supported debt, or (b) such other security as the state may lawfully pledge, or both, all as provided by resolution of the commission. Notwithstanding any other provision of law to the contrary, notes may be issued for any otherwise authorized state-supported debt. Except as otherwise provided in Sections 31-17-151 through 31-17-181 or when in conflict with the provisions of Sections 31-17-151 through 31-17-181, such notes shall be subject to the terms and provisions of the legislation authorizing the issuance of such state-supported debt.
MS Code § 31-17-157 (2020)
2020 Mississippi Code|Title 31 - Public Business, Bonds and Obligations|Chapter 17 - State Bonds; Retirement of Bonds|Temporary Borrowings in Anticipation of Issuance of State-Supported Debt|§ 31-17-157. Issuance of replacement notes

 The commission is authorized to provide for the subsequent issuance of replacement notes to refund, upon issuance thereof, such notes, and may specify such other terms and conditions with respect to the replacement notes thereby authorized for issuance as the commission may determine and direct.
MS Code § 31-17-159 (2020)
2020 Mississippi Code|Title 31 - Public Business, Bonds and Obligations|Chapter 17 - State Bonds; Retirement of Bonds|Temporary Borrowings in Anticipation of Issuance of State-Supported Debt|§ 31-17-159. Payment of principal and interest

 The State Treasurer shall perform all acts and things necessary to pay or cause to be paid, when due, all principal of and interest on the notes and to assure that the same may draw upon any monies available for that purpose pursuant to any purchase, loan, line of credit, credit or similar agreements established with respect thereto, all subject to the authorization and direction of the commission.
MS Code § 31-17-161 (2020)
2020 Mississippi Code|Title 31 - Public Business, Bonds and Obligations|Chapter 17 - State Bonds; Retirement of Bonds|Temporary Borrowings in Anticipation of Issuance of State-Supported Debt|§ 31-17-161. Funding and retirement of temporary borrowings

 Outstanding notes evidencing such temporary borrowings shall be funded and retired by the issuance and sale of state-supported debt, from time to time, as determined by the commission and must be sold and issued not later than a date four (4) years after the date of issuance of the first notes evidencing such temporary borrowings to the extent that payment of such notes has not otherwise been made or provided for by sources other than proceeds of replacement notes.
MS Code § 31-17-163 (2020)
2020 Mississippi Code|Title 31 - Public Business, Bonds and Obligations|Chapter 17 - State Bonds; Retirement of Bonds|Temporary Borrowings in Anticipation of Issuance of State-Supported Debt|§ 31-17-163. Proceeds of temporary borrowings paid to State Treasurer

 The proceeds of all such temporary borrowings shall be paid to the State Treasurer to be held and disposed of in accordance with such laws of the state authorizing the sale and issuance of the related state-supported debt.
MS Code § 31-17-165 (2020)
2020 Mississippi Code|Title 31 - Public Business, Bonds and Obligations|Chapter 17 - State Bonds; Retirement of Bonds|Temporary Borrowings in Anticipation of Issuance of State-Supported Debt|§ 31-17-165. Powers and authority of commission

 The commission is hereby authorized to do such other acts and enter into such other agreements as may be needed or be appropriate in connection with the sale, issuance and payment of the notes and any program developed by the commission in relation thereto.