reglab/housing_qa huggingface dataset:
MS Code § 57-31-1 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 31 - County Industrial Development Authorities|§ 57-31-1. Establishment; composition; qualifications, appointment, and terms of office of members

 Any county in the State of Mississippi bordering on the Mississippi-Alabama state line, traversed by the Tombigbee River and in which is situated a senior institution of higher learning under the control of the Board of Trustees of Institutions of Higher Learning of the State of Mississippi, where the board of supervisors of such county shall find and determine that the public convenience and necessity requires the same, as evidenced by a resolution duly adopted and entered on the official minutes of such board, shall establish an industrial development authority, to be known as the industrial development authority of such county. The county industrial development authority shall be composed of seven (7) resident citizens of such county, who shall be qualified electors therein, appointed by the board of supervisors of such county for a term of four (4) years. One (1) member of such authority shall be appointed by the board of supervisors from each of the five (5) supervisors districts of said county, and the remaining two (2) members thereof shall be appointed from the county-at-large by said board of supervisors, from a list of four (4) nominees recommended by a nonprofit industrial development foundation operating within such county. Upon the creation of such authority, the members appointed thereto from supervisor district numbers one (1) and two (2) of such county shall be appointed for a term of one (1) year; the members thereof appointed from supervisor district numbers three (3) and four (4) shall be appointed for a term of two (2) years; the members thereof appointed from the county-at-large shall be appointed for a term of three (3) years; and the members thereof appointed from supervisor district number five (5) shall be appointed for a term of four (4) years. Thereafter, all appointments to such authority shall be for a term of four (4) years, or until a successor is qualified and appointed.   Said authority may, with the approval of the board of supervisors of the county in which the same is situated, authorize appointment of two (2) additional associate members of said authority to be appointed by the board of supervisors of any counties adjacent and contiguous to the county in which such authority is created, to serve without a vote.
MS Code § 57-31-3 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 31 - County Industrial Development Authorities|§ 57-31-3. Oath and bond of members; meetings; compensation of members

 Before entering upon the duties of the office, each member of such authority, except any associate members, shall take and subscribe the oath of office required by Section 268, Mississippi Constitution of 1890, and shall give bond in the sum of five thousand dollars ($5,000.00), conditioned upon the faithful performance of his duties, such bond to be made payable to the county in which said authority is situated, and to be approved by the board of supervisors of such county. The members of such industrial development authority shall meet at the regular meeting place of the board of supervisors of such county within five (5) days after the members are initially appointed, and shall elect from among their number a president, vice president, and secretary-treasurer of the authority, and shall adopt a seal and such by-laws, rules and regulations as may be necessary to govern the time, place and manner for holding subsequent meetings of the authority and for conduct of its business, not inconsistent with the provisions of this chapter. The members of said authority shall serve without salary or compensation, provided, however, that their actual expenses incurred in performance of their duties may be reimbursed, including mileage as authorized by law for state employees.
MS Code § 57-31-7 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 31 - County Industrial Development Authorities|§ 57-31-7. Receipt and expenditure of county funds

 The industrial development authority of the county created under the provisions of this chapter is hereby authorized to receive and expend funds from the board of supervisors of such county.
MS Code § 57-31-11 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 31 - County Industrial Development Authorities|§ 57-31-11. Negotiability of bonds and interest coupons; exemption from taxation of bonds

 All revenue bonds and interest coupons issued under the provisions of this chapter shall have and are hereby declared to have all the qualities and incidents of negotiable instruments under the Uniform Commercial Code of the State of Mississippi. Such bonds and the income therefrom shall be exempt from all taxation within the State of Mississippi.
MS Code § 57-31-13 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 31 - County Industrial Development Authorities|§ 57-31-13. Sale of bonds

 The authority may sell such bonds in such manner and for such price as it may determine to be for the best interest of the State of Mississippi, but no such sale shall be made at a price less than par plus accrued interest to date of delivery of the bonds to the purchaser. Notice of the sale of any such bonds shall be published at least one time not less than ten (10) days prior to the date of sale and shall be so published in one (1) or more newspapers published in such county and in one (1) or more other newspapers or financial journals as may be directed by the authority.
MS Code § 57-31-15 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 31 - County Industrial Development Authorities|§ 57-31-15. Disposition of proceeds of bonds

 The proceeds of such bonds shall be paid into the county treasury to the credit of a special fund known as the industrial development authority construction fund, and shall be used solely for payment of the cost of the project except as hereinafter provided, and shall be disbursed upon order of the authority upon such restrictions, if any, as the resolution authorizing the issuance of the bonds may provide. If the proceeds of the bonds of any issue shall exceed the amount required for the purpose for which the bonds were issued, the surplus shall be paid into the fund established for the payment of the principal of and the interest on such bonds.
MS Code § 57-31-17 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 31 - County Industrial Development Authorities|§ 57-31-17. Validation of bonds

 Such revenue bonds may be issued without any other proceedings or the happening of any other conditions or things than those proceedings, conditions, and things which are specified or required by this chapter. The bonds authorized under the authority of this chapter may, in the discretion of the authority, be validated in the chancery court of such county in the manner and with the force and effect as provided by law for the validation of county, municipal, school district, and other bonds.
MS Code § 57-31-19 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 31 - County Industrial Development Authorities|§ 57-31-19. Payment of bonds

 Revenue bonds issued under the provisions of this chapter shall not be deemed to constitute a debt of such county or a pledge of the faith and credit of such county, but such bonds shall be payable solely from the special fund provided therefor as hereinafter set forth, and the issuance of such revenue bonds shall not directly, indirectly, or contingently obligate the county to levy or pledge any form of taxation whatever therefor, and all such bonds shall contain recitals on their face substantially covering the foregoing provisions of this section.
MS Code § 57-31-21 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 31 - County Industrial Development Authorities|§ 57-31-21. Contents of bond issue resolution

 The resolution providing for the issuance of revenue bonds hereunder shall contain such provisions for protecting and enforcing the rights and remedies of the bondholders as may reasonably be proper and not in violation of law, including, but not limited to, covenants setting forth the duties of the authority in relation to the acquisition of property, the construction of a project, the maintenance, operation, repair, and insuring of the project, and the custody, safeguarding, and application of all moneys, and may also provide that any project shall be constructed and paid for under the supervision and approval of the consulting engineers or architects employed or designated by the authority, and may also contain provisions concerning the conditions, if any, upon which additional revenue bonds may be issued.
MS Code § 57-31-23 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 31 - County Industrial Development Authorities|§ 57-31-23. Pledge and allocation of revenues, rents, and earnings

 The revenues, rents, and earnings derived from any project, or any and all revenues, rents, and earnings received by the authority unless necessary for operation, maintenance or repair of the project or unless otherwise pledged and allocated, may be pledged and allocated by the authority to the payment of the principal of and interest on the revenue bonds of the authority as the resolution authorizing the issuance of the bonds may provide, and such pledge may include funds received from one or more or all sources and shall be set aside at regular intervals into a sinking fund, which sinking fund shall be pledged to and charged with the payment of:   The interest upon such revenue bonds as such interest shall accrue.   The principal of the bonds as the same shall become due.   The necessary charges of the paying agent or paying agents for paying principal and interest of and on such bonds.   The use and disposition of such sinking fund shall be subject to such regulations as may be provided in the resolution authorizing any issue of revenue bonds. Subject to the provisions of the resolution authorizing the issuance of the bonds, surplus moneys in the sinking fund may be applied to the purchase or redemption of any of such bonds, and any such bonds so purchased or redeemed shall forthwith be cancelled and shall not again be issued.
MS Code § 57-31-25 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 31 - County Industrial Development Authorities|§ 57-31-25. Enforcement of bondholder's rights

 Any holder of revenue bonds issued under the provisions of this chapter or of any of the interest coupons pertaining thereto, except to the extent that such rights are not restricted by the resolution directing the issuance of such bonds, may, either at law or in equity, by suit, action, mandamus, or other proceeding protect and enforce any and all rights granted hereunder or under such resolution, and may enforce and compel performance of all duties required by this chapter or by any such resolution or by any such lease agreement to be performed by the authority or any officer thereof, including the fixing, charging, and collecting of revenues, rents, and other charges for the use of the project, but no holder of any such bond shall have the right to compel any exercise of taxing power by such county to provide funds to pay any such bonds or the interest thereon, or to enforce the payment thereof against any property of such county, nor shall any such bond constitute a charge, lien, or encumbrance, legal or equitable, upon any property of the county.
MS Code § 57-31-27 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 31 - County Industrial Development Authorities|§ 57-31-27. Bonds as legal investments and securities

 All bonds issued under the provisions of this chapter 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 § 57-31-29 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 31 - County Industrial Development Authorities|§ 57-31-29. Exemption from taxation of property of authority

 The carrying out of the corporate purposes of the authority is in all respects for the benefit of the people of such county and is a public purpose, and the authority will be performing an essential governmental function in the exercise of the powers conferred upon it by this chapter. Hence, any property owned or held by the authority or under its jurisdiction under the provisions of this chapter shall be exempt from all taxation in the State of Mississippi.
MS Code § 57-31-31 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 31 - County Industrial Development Authorities|§ 57-31-31. Acceptance of grants and contributions

 The authority, in addition to the moneys which may be received by it from the sale of revenue bonds and from the collection of revenues, rents, and earnings derived under the provisions of this chapter, shall have the authority to accept from any public or private agency, or from any individual, grants for or in aid of the construction of any project, or for the payment of bonds, and to receive and accept contributions from any source, of money or property or other things of value to be held, used and applied only for the purposes for which such grants or contributions may be made.
MS Code § 57-31-33 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 31 - County Industrial Development Authorities|§ 57-31-33. Construction of chapter

 This chapter shall be deemed to be full and complete authority for the exercise of the powers herein granted, but this chapter shall not be deemed to repeal or to be in derogation of any existing law of this state whereunder projects of the character herein defined may be constructed or financed.
MS Code § 57-32-1 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 32 - Southeast Mississippi Industrial Council|§ 57-32-1. Establishment; composition; qualifications, appointment and terms of office of members

 Any county having two (2) judicial districts and a population of fifty-six thousand, three hundred fifty-seven (56,357) according to the 1970 federal decennial census, together with any counties contiguous thereto, where the boards of supervisors of said counties, or any number of them, shall find and determine that the public convenience and necessity requires the same, as evidenced by a resolution duly adopted and entered on the official minutes of said boards of supervisors, may establish a planning, economic and industrial development council to be known as the "Southeast Mississippi Industrial Council," hereinafter called the "council." Said council shall be composed of three (3) resident citizens of each county participating in said council, who shall be qualified electors therein, appointed by the board of supervisors of each such county for terms of four (4) years, except as herein provided. Upon creation of said council, one (1) member shall be appointed from each county for a term of one (1) year; one (1) member shall be appointed from each county for a term of two (2) years; one (1) member shall be appointed from each county for a term of three (3) years. Any county becoming a participating member of the council after its creation shall appoint members in the same manner as set forth above. Each succeeding appointment to such council shall be for a term of four (4) years or until a successor is appointed and qualified.
MS Code § 57-32-3 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 32 - Southeast Mississippi Industrial Council|§ 57-32-3. Oath and bond of members; meetings; compensation of members

 Before entering upon the duties of the office, each member of said council shall take and subscribe the following oath: "I_______________, do solemnly swear (or affirm) that I will faithfully support the Constitution of the United States and the Constitution of the State of Mississippi, and obey the laws thereof; that I am not disqualified from being a member of Southeast Mississippi Industrial Council; that I will faithfully discharge the duties of the office upon which I am about to enter; so help me God." In addition thereto, each member so appointed shall qualify by making a surety bond in an amount not less than ten thousand dollars ($10,000.00) indemnifying the council against malfeasance or misfeasance in office, the premiums on all such surety bonds being paid by the council. The members of said council shall meet at the regular meeting place of the board of supervisors of Jones County, Mississippi, within ten (10) days after the council is created, and shall elect from among their number a president, vice president and secretary-treasurer, and shall adopt a seal and such bylaws, rules and regulations as may be necessary to govern the time, place and manner for holding of subsequent meetings of the council and for the conduct of its business, not inconsistent with the provisions of this chapter. The members of said council shall serve without salary or compensation; provided, however, that their actual reasonable expenses incurred in performance of their duties may be reimbursed, including mileage as authorized by law for state employees.
MS Code § 57-32-7 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 32 - Southeast Mississippi Industrial Council|§ 57-32-7. Appropriation of funds for support of council; tax levy

 The board of supervisors of each county electing to be a part of this council is authorized to set aside, appropriate and expend moneys from the general fund for the purpose of securing funds with which to support and maintain said council. Prior to the board of supervisors securing an indebtedness of the council under this chapter, the board shall comply with the provisions of Section 19-9-11. Provided, however, any tax levied previously under Section 19-9-111 by any county may be collected and paid to the council created hereby if such tax has not already been paid to the appropriate industrial council. Provided further, that the board of supervisors of any such participating county may, by appropriate order, designate a specific portion of the sum of its appropriation, not to exceed the revenue derived from three-fourths (3/4) of one (1) mill, to be used by said council exclusively for industrial development of said county in any manner authorized by this chapter. The council is hereby authorized to receive and expend funds from the boards of supervisors of participating counties provided by taxation as aforesaid, together with any gifts, gratuities and donations from municipalities within any participating county and from any persons, firms or corporations desiring to make such donations. Such appropriations, gifts or donations shall be placed in such depository as the council may deem appropriate. Any funds designated by any county board of supervisors or the governing body of a municipality for exclusive use within said county shall not be commingled with any other funds, but shall be kept and expended separately.
MS Code § 57-32-9 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 32 - Southeast Mississippi Industrial Council|§ 57-32-9. Additional levy to secure indebtedness of council

 Any county electing to designate a specific portion of the levy authorized by this chapter to industrial development within such county may also pledge to continue to levy an assessment, not in excess of three-fourths (3/4) mill, against all of the assessed property in said county for a period of time no longer than twenty (20) years, in order to further secure any indebtedness of the council incurred pursuant to the granted authority under Section 57-32-5. Once the board of supervisors of any county has so pledged to levy such millage, not in excess of three-fourths (3/4) mill, the county shall be obligated to continue such levy until the indebtedness of the council for which the levy was pledged under the authority of this chapter has been paid in full, but in no case shall such levy continue in force longer than twenty (20) years. No county shall be obligated to continue any levy to pay off any indebtedness of the council the board of supervisors of such county, by appropriate order, shall have approved the borrowing of such money by the council for a specific purpose and shall have pledged to levy such assessment, not in excess of three-fourths (3/4) mill, for such specific indebtedness of the council.
MS Code § 57-32-11 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 32 - Southeast Mississippi Industrial Council|§ 57-32-11. Use of revenues or proceeds derived from council property

 Any revenues or proceeds derived from property purchased or acquired by the council with funds given or delivered to the council for a specific purpose shall be used exclusively for industrial development in the contributing county. Such funds shall not be commingled with other funds of the council, but shall be kept and expended solely for industrial development within the county specified, for the retirement of indebtedness on industrial property in such county. Once the indebtedness on any property acquired by the council with funds specified to be used in a certain county has been paid in full, the council shall execute a deed to such property to said county upon request to do so by resolution duly adopted by the board of supervisors of said county. In the absence of such request from the board of supervisors of such county the council shall continue to maintain the proceeds or revenues derived from such property in the separate fund to be used for industrial development exclusively within such county furnishing said funds.
MS Code § 57-32-13 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 32 - Southeast Mississippi Industrial Council|§ 57-32-13. Public nature of funds; audit

 All funds secured and expended under the provisions of this chapter shall be public funds and the auditor of public accounts of the State of Mississippi shall audit the same as other public funds are now audited.
MS Code § 57-32-15 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 32 - Southeast Mississippi Industrial Council|§ 57-32-15. Reimbursement of millage under Homestead Exemption Laws

 Millage levied under the provisions of this chapter shall not be reimbursable under the provisions of the Homestead Exemption Laws, being Section 27-33-1 et seq.
MS Code § 57-32-17 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 32 - Southeast Mississippi Industrial Council|§ 57-32-17. Transfer to council of assets, funds and personalty of Southeast Mississippi Industrial Development Council

 After the creation of the Southeast Mississippi Industrial Council, the Southeast Mississippi Industrial Development Council is hereby authorized to transfer to the Southeast Mississippi Industrial Council any of its assets, funds and personal property.
MS Code § 57-32-19 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 32 - Southeast Mississippi Industrial Council|§ 57-32-19. Withdrawal by participating counties from Southern Mississippi Planning and Development District

 Any county electing to participate under the provisions of this chapter may not withdraw from the Southern Mississippi Planning and Development District for a period of five (5) years, if such county was a member of the Southern Mississippi Planning and Development District when this chapter was passed.