reglab/statecodes huggingface dataset:
Mississippi Code 1972 (2023) › Title 37 - EDUCATION (§§ 37-NEW-001 — 37-NEW01-004) › Chapter 101 - INSTITUTIONS OF HIGHER LEARNING; GENERAL PROVISIONS (§§ 37-101-1 — 37-101-415) › IN GENERAL (§§ 37-101-1 — 37-101-30) › Section 37-101-4 - Felix La Bauve Scholarship Trust

There shall be a trusteeship, to be known as the Felix La Bauve Scholarship Trust, for the Felix La Bauve Scholarship that exists for the benefit of the University of Mississippi. The trusteeship shall be composed of three (3) persons. The initial composition of the trusteeship shall be the two (2) persons who last filled the position of La Bauve trustee on the Board of Trustees of State Institutions of Higher Learning and, as an ex officio voting member, the person holding the office of DeSoto County Superintendent of Education. The term of the trustee who served as La Bauve trustee on the Board of Trustees of State Institutions of Higher Learning from 1980-1984 shall be four (4) years. The term of the trustee who served in that position from 1984-1988 shall be eight (8) years. The term of each of the trustees shall begin on June 1, 1988.
At least one (1) month before the expiration of the term of a trustee, other than the DeSoto County Superintendent of Education, the trusteeship shall choose a successor who shall serve a term of eight (8) years. No trustee other than the DeSoto County Superintendent of Education shall serve more than one (1) term of office. Any person chosen as a trustee other than the Superintendent of Education shall be a resident of DeSoto County and shall hold an undergraduate degree from the University of Mississippi.
In case of the death, disability or resignation of any trustee, other than the DeSoto County Superintendent of Education, the trusteeship shall appoint a person to serve the remainder of the term of his predecessor who shall be a resident of DeSoto County and shall hold an undergraduate degree from the University of Mississippi.
The trusteeship shall be responsible for recommending to the Chancellor of the University of Mississippi prospective students who are eligible recipients of the La Bauve Scholarship. The Chancellor shall choose the best qualified student or students from those nominated, depending on the amount of monies available for scholarship awards.
The Legislature shall continue to appropriate the annual sum to the University of Mississippi that has been paid in lieu of the interest earned on the original corpus of the La Bauve Scholarship Fund until such time as the Legislature restores the original corpus of the fund, adjusted to current value at the time of restoration. Once the Legislature has restored the fund as hereinbefore provided, the annual appropriation shall cease, and scholarships shall be awarded from the income on the corpus of the fund. Thereafter, no expenditure shall be made from the corpus of the fund for any purpose.
Laws, 1988, ch. 426, § 2, eff. 6/1/1988.
Mississippi Code 1972 (2023) › Title 37 - EDUCATION (§§ 37-NEW-001 — 37-NEW01-004) › Chapter 101 - INSTITUTIONS OF HIGHER LEARNING; GENERAL PROVISIONS (§§ 37-101-1 — 37-101-415) › IN GENERAL (§§ 37-101-1 — 37-101-30) › Section 37-101-5 - Qualifications of members of board

There shall be appointed only men or women to membership on the board of trustees of state institutions of higher learning as shall be qualified electors residing in the district from which each is appointed and at least twenty-five years of age and of the highest order of intelligence, character, learning and fitness for the performance of such duties to the end that such board shall perform the high and honorable duties thereof to the greatest advantage of the people of the state and of such institutions, uninfluenced by any political considerations.
Codes, 1942, § 6721; Laws, 1932, ch. 127; Laws, 1944, ch. 262, § 4.
Mississippi Code 1972 (2023) › Title 37 - EDUCATION (§§ 37-NEW-001 — 37-NEW01-004) › Chapter 101 - INSTITUTIONS OF HIGHER LEARNING; GENERAL PROVISIONS (§§ 37-101-1 — 37-101-415) › IN GENERAL (§§ 37-101-1 — 37-101-30) › Section 37-101-9 - Compensation of members of board; meetings

The Board of Trustees of State Institutions of Higher Learning shall serve without salary compensation but shall receive a per diem and mileage as authorized by law including time of going to and returning from meetings of said board, together with actual travel and hotel expenses incident to the meetings of the board, and in the discharge of duties prescribed by the board.
The board of trustees shall hold two (2) regular slated meetings annually, one (1) in June and the other in January, and as many special meetings as may be necessary on call of the president or on call of five (5) members. In either case, the call shall be in writing and shall be mailed by registered letter with return receipt requested, or by certified mail, to each and every member at least five (5) days prior to the date of meeting. Eight (8) members of the board shall constitute a quorum for the transaction of business.
Codes, 1942, § 6723; Laws, 1932, ch. 127; Laws, 1940, ch. 196; Laws, 1944, ch. 262, § 6; Laws, 1958, ch. 312; Laws, 1962, ch. 368; Laws, 1978, ch. 370, § 1; Laws, 1980, ch. 560, § 15; Laws, 1992, ch. 342 § 1, eff. 4/20/1992.
Mississippi Code 1972 (2023) › Title 37 - EDUCATION (§§ 37-NEW-001 — 37-NEW01-004) › Chapter 101 - INSTITUTIONS OF HIGHER LEARNING; GENERAL PROVISIONS (§§ 37-101-1 — 37-101-415) › IN GENERAL (§§ 37-101-1 — 37-101-30) › Section 37-101-11 - Official seal

The board of trustees of state institutions of higher learning is hereby authorized and empowered, in its discretion, to adopt and have an official seal in such form as it deems appropriate for its official use.
Codes, 1942, § 6719.5; Laws, 1958, ch. 310.
Mississippi Code 1972 (2023) › Title 37 - EDUCATION (§§ 37-NEW-001 — 37-NEW01-004) › Chapter 101 - INSTITUTIONS OF HIGHER LEARNING; GENERAL PROVISIONS (§§ 37-101-1 — 37-101-415) › IN GENERAL (§§ 37-101-1 — 37-101-30) › Section 37-101-13 - Study of role and scope of institutions; supervision and control of programs, etc

It shall be the duty of the Board of Trustees of State Institutions of Higher Learning and the boards of trustees of the community colleges to begin immediately a comprehensive study of gaming and related programs, degrees and courses offered. Following the completion of such study, the board shall make such adjustments as may be found to be necessary in the programs of the various institutions, to the end that the broadest possible educational opportunities shall be offered to the citizens of this state without inefficient and needless duplication. Subject to the provisions of Section
75-76-34
, the board shall, through such officers of the board and through such procedures as it shall see fit to establish, exercise continuing jurisdiction and control over the establishment of new courses of study, new departments and new functions and activities in each institution so that the growth and development of the program of higher education in the state shall proceed in an orderly and rational manner, inefficient and needless duplication may be avoided, and new expanded programs will be undertaken only as the same may become justified, based upon objective criteria to be established by the board. In carrying out the purposes of this section, particular attention shall be given to the extension programs of the various institutions. The boards, in conjunction with the chancellor and presidents of the institutions, shall take such steps as may be necessary to improve and coordinate such programs and shall exercise such direct control over the establishment, organization, operation and granting of credit for such programs as may be necessary to accomplish such purposes.
Codes, 1942, § 6722; Laws, 1932, ch. 127; Laws, 1940, ch. 196; Laws, 1944, ch. 262, § 5; Laws, 1946, ch. 318, § 1; Laws, 1956, ch. 292, § 1; Laws, 1962, ch. 367, §§ 1, 2; Laws, 1985, ch. 453, § 1, eff. 3/29/1985.
Amended by Laws, 2013, ch. 327, SB 2499, 3, eff. 7/1/2013.
Mississippi Code 1972 (2023) › Title 37 - EDUCATION (§§ 37-NEW-001 — 37-NEW01-004) › Chapter 101 - INSTITUTIONS OF HIGHER LEARNING; GENERAL PROVISIONS (§§ 37-101-1 — 37-101-415) › IN GENERAL (§§ 37-101-1 — 37-101-30) › Section 37-101-16 - Development and implementation of system of manpower management

The board of trustees of state institutions of higher learning shall develop a system of manpower management which shall be implemented in all institutions under the control of the board. The manpower management system shall be so designed to insure accurate and rapid reporting of all manpower positions within each institution by job classification to include position number and title, grade, salary and fringe benefits, name of incumbent, social security number and date of hire.
Laws, 1977, ch. 355; Laws, 1984, ch. 488, § 201, eff. 7/1/1984.
Mississippi Code 1972 (2023) › Title 37 - EDUCATION (§§ 37-NEW-001 — 37-NEW01-004) › Chapter 101 - INSTITUTIONS OF HIGHER LEARNING; GENERAL PROVISIONS (§§ 37-101-1 — 37-101-415) › IN GENERAL (§§ 37-101-1 — 37-101-30) › Section 37-101-17 - [Repealed]

Repealed by Laws, 1983, ch. 469, § 10, eff. 7/1/1983.
Codes, 1930, § 7308; 1942, § 6791; Laws, 1924, ch. 284.
Mississippi Code 1972 (2023) › Title 37 - EDUCATION (§§ 37-NEW-001 — 37-NEW01-004) › Chapter 101 - INSTITUTIONS OF HIGHER LEARNING; GENERAL PROVISIONS (§§ 37-101-1 — 37-101-415) › IN GENERAL (§§ 37-101-1 — 37-101-30) › Section 37-101-19 - Marine research laboratory

The Board of Trustees of State Institutions of Higher Learning is hereby authorized and empowered to establish and maintain a marine research laboratory on lands belonging to the State of Mississippi, said lands being a part of the Magnolia State Park in Jackson County, Mississippi, and to be assigned for the use of such laboratory by the Mississippi Department of Marine Resources.
The marine research laboratory may, in the discretion of the Board of Trustees of State Institutions of Higher Learning, be operated by the Mississippi Academy of Science, Inc., under the supervision and control of the Board of Trustees of State Institutions of Higher Learning.
The Board of Trustees of State Institutions of Higher Learning is hereby authorized and empowered to expend annually out of its regular appropriation for the support and maintenance of institutions of higher learning a sum not exceeding Five Thousand Dollars ($5,000.00) for the support and maintenance of the marine research laboratory.
Codes, 1942, § 6725-02; Laws, 1948, ch. 283, §§ 1-3; Laws, 2000, ch. 516, § 9, eff. 4/30/2000.
Mississippi Code 1972 (2023) › Title 37 - EDUCATION (§§ 37-NEW-001 — 37-NEW01-004) › Chapter 101 - INSTITUTIONS OF HIGHER LEARNING; GENERAL PROVISIONS (§§ 37-101-1 — 37-101-415) › IN GENERAL (§§ 37-101-1 — 37-101-30) › Section 37-101-21 - Gulf Coast Research Laboratory

A body politic and corporate is hereby created under the name of Gulf Coast Research Laboratory, to have perpetual succession, with powers to contract and be contracted with; to receive and acquire, by any legal method, property of any description, necessary or convenient for its operation, and to hold, employ, use and convey the same; to adopt and use a corporate seal; and to adopt by-laws, rules and regulations for the government of the same, its employees, officials, agents, and members.
The object and purposes of the Gulf Coast Research Laboratory shall be to promote the study and knowledge of science including the natural resources of the State of Mississippi and to provide for the dissemination of research findings and specimens from the Gulf Coast area.
The Gulf Coast Research Laboratory shall be under the control and supervision of the board of trustees of state institutions of higher learning, and the powers of said laboratory shall be vested in and its duties performed by said board.
The laboratory shall be located at some appropriate place within the state and on the Gulf of Mexico to be determined by the board of trustees of state institutions of higher learning.
It shall be the duty of the board of trustees of state institutions of higher learning to appoint or elect a director for said laboratory, determine the number of instructors, assistants and other employees and fix their compensation, and in cooperation with the Mississippi Academy of Science, prescribe rules, regulations, and policies governing the operation of the institution, qualifications of instructors and employees and for the admission of students, and for the direction of research programs.
Codes, 1942, § 6725-05; Laws, 1950, ch. 216, §§ 1-5.
Mississippi Code 1972 (2023) › Title 37 - EDUCATION (§§ 37-NEW-001 — 37-NEW01-004) › Chapter 101 - INSTITUTIONS OF HIGHER LEARNING; GENERAL PROVISIONS (§§ 37-101-1 — 37-101-415) › IN GENERAL (§§ 37-101-1 — 37-101-30) › Section 37-101-23 - Establishment of Mississippi Small Farm Development Center; offices and officers; functions generally

(1)
The Mississippi Small Farm Development Center, which shall be referred to in this section as the SFDC, is established under the management and control of the Board of Trustees of State Institutions of Higher Learning. The principal offices of the SFDC shall be located at Alcorn State University and shall be under the direction of the president of the university subject to the governance of the board of trustees. The president shall appoint a director of the SFDC who shall recommend to the president necessary professional and administrative staff of the center, all subject to the approval of the board of trustees.
(2)
It shall be the function and duty of the SFDC to:
(a)
Develop a system to deliver management and technical assistance to small farms utilizing the resources of local, state and federal government programs, various segments of the private sector, and universities and colleges throughout the state;
(b)
Make management and technical assistance available to small farms by linking together with the above resources;
(c)
Research and develop small farm opportunities for new or alternative crops;
(d)
Develop a clearinghouse for the collection and dissemination of agricultural and economic data; and
(e)
Assist small farms in developing more efficient marketing and distribution channels, including foreign trade marketing.
Laws, 1988, ch. 358, eff. 7/1/1988.
Mississippi Code 1972 (2023) › Title 37 - EDUCATION (§§ 37-NEW-001 — 37-NEW01-004) › Chapter 101 - INSTITUTIONS OF HIGHER LEARNING; GENERAL PROVISIONS (§§ 37-101-1 — 37-101-415) › IN GENERAL (§§ 37-101-1 — 37-101-30) › Section 37-101-25 - Development by center of plan to foster certain small enterprises

The Mississippi Small Farm Development Center shall develop a plan to foster and encourage the development in this state of small enterprises which process "cash crops," timber, or food and fiber products produced in Mississippi. The plan shall include, but not be limited to:
(a)
Means to identify small entrepreneurs who are in the business of processing, or are interested in starting a business to process, "cash crops," timber, or food and fiber products;
(b)
Means to encourage participation by such small entrepreneurs in available business management and technical assistance programs; and
(c)
Any appropriate financial assistance to assist such small entrepreneurs in financing their business, such as interest-free state loans similar to existing Department of Economic and Community Development programs administered out of the Emerging Crops Fund.
Laws, 1992, ch. 548 § 12, eff. 5/14/1992.
Mississippi Code 1972 (2023) › Title 37 - EDUCATION (§§ 37-NEW-001 — 37-NEW01-004) › Chapter 101 - INSTITUTIONS OF HIGHER LEARNING; GENERAL PROVISIONS (§§ 37-101-1 — 37-101-415) › IN GENERAL (§§ 37-101-1 — 37-101-30) › Section 37-101-28 - [Repealed]

Repealed by Laws, 2011, ch. 511, § 4, eff. 4/26/2011.
Laws, 2003, ch. 330, § 1, eff. 7/1/2003.
Mississippi Code 1972 (2023) › Title 37 - EDUCATION (§§ 37-NEW-001 — 37-NEW01-004) › Chapter 101 - INSTITUTIONS OF HIGHER LEARNING; GENERAL PROVISIONS (§§ 37-101-1 — 37-101-415) › IN GENERAL (§§ 37-101-1 — 37-101-30) › Section 37-101-29 - Performance reports; teacher education programs; contents; compilation of reports

Each institution of higher learning with a teacher education program approved by the State Board of Education shall prepare and submit to the State Board of Education and to the Board of Trustees of State Institutions of Higher Learning an annual performance report on the institution's teacher education program. The report shall include the following information:
(a)
Teacher enrollment data;
(b)
Professional education faculty data;
(c)
Characteristics of students receiving initial licensure;
(d)
Number and percentage of program completers scoring at or above the proficiency level on the prescribed teacher education exit tests;
(e)
Satisfaction rate of employers and graduates;
(f)
Follow-up profiles of graduates of the teacher education program; and
(g)
Any other information required by the State Board of Education. Before requiring any other information, the State Board of Education shall conduct collaborative planning activities with the Mississippi Association of Colleges of Teacher Education and the Board of Trustees of State Institutions of Higher Learning.
The State Department of Education, in collaboration with the Mississippi Association of Colleges of Teacher Education and the Board of Trustees of State Institutions of Higher Learning, shall prepare a common form for the preparation and submission of the annual performance reports. The State Department of Education shall establish the date by which such reports must be submitted to the board. No later than sixty (60) days after the deadline date established for the submission of reports, the department shall submit a compilation of all annual performance reports received from the state institutions of higher learning to the Chairmen of the Education Committees of the House of Representatives and the Senate.
Laws, 1998, ch. 544, § 11, eff. 4/13/1998.
Mississippi Code 1972 (2023) › Title 37 - EDUCATION (§§ 37-NEW-001 — 37-NEW01-004) › Chapter 101 - INSTITUTIONS OF HIGHER LEARNING; GENERAL PROVISIONS (§§ 37-101-1 — 37-101-415) › RESERVE FUND TO GUARANTEE PAYMENT OF STUDENT LOANS (§ 37-101-31) › Section 37-101-31 - Establishment by board

In addition to the powers vested in the board of trustees of state institutions of higher learning by Section 213-A, Mississippi Constitution of 1890 and by this chapter, said board is hereby authorized to establish a reserve fund to receive funds from state, federal or private sources for the purpose of guaranteeing payment of loans obtained by college or university students from public or private lenders or banking institutions. The board is authorized and empowered to do and perform all the necessary and requisite acts and deeds necessary to carry out the provisions of this section.
Codes, 1942, § 6724.3; Laws, 1966, ch. 433, § 1; Laws, 1968, ch. 385, §§ 1, 2, eff. 2/27/1968.
Mississippi Code 1972 (2023) › Title 37 - EDUCATION (§§ 37-NEW-001 — 37-NEW01-004) › Chapter 101 - INSTITUTIONS OF HIGHER LEARNING; GENERAL PROVISIONS (§§ 37-101-1 — 37-101-415) › CONSTRUCTION OF HOUSING AND DORMITORY FACILITIES BY PRIVATE FINANCING (§§ 37-101-41 — 37-101-47) › Section 37-101-42 - Creation of advisory committee for lease of certain property to private developers; membership

There is created an advisory committee to the Board of Trustees of State Institutions of Higher Learning for the lease of the property described in Sections
37-101-41
,
37-101-43
and
37-101-44
, which shall be composed of the following members:
(a)
The respective Chairmen of the Public Property Committees of the House of Representatives and the Senate;
(b)
The respective Chairmen of the Universities and Colleges Committees of the House of Representatives and the Senate;
(c)
One (1) member of the House of Representatives, to be appointed by the Speaker of the House; and
(d)
One (1) member of the Senate, to be appointed by the Lieutenant Governor.
Before selecting the private developer to which to lease the property described in Sections
37-101-41
,
37-101-43
and
37-101-44
, and while negotiating the terms of the lease with the private developer that has been selected, the Board of Trustees of State Institutions of Higher Learning shall consult with the advisory committee and consider any suggestions and recommendations made by the advisory committee regarding the lease of the property.
Laws, 2007, ch. 494, § 9, eff. 7/1/2007.
Mississippi Code 1972 (2023) › Title 37 - EDUCATION (§§ 37-NEW-001 — 37-NEW01-004) › Chapter 101 - INSTITUTIONS OF HIGHER LEARNING; GENERAL PROVISIONS (§§ 37-101-1 — 37-101-415) › CONSTRUCTION OF HOUSING AND DORMITORY FACILITIES BY PRIVATE FINANCING (§§ 37-101-41 — 37-101-47) › Section 37-101-44 - Authorization to contract with single entity for privately financed design and construction or renovation and maintaining, furnishing and equipping of facilities; administration of design-build delivery system

(1)
In lieu of exercising the authority set forth in Section
37-101-43
and before entering into or awarding any lease under Section
37-101-41
, the Board of Trustees of State Institutions of Higher Learning, subject to the provisions of Section
37-101-42
, may award contracts to a single entity for privately financed design and construction or renovation of facilities on university campuses, as well as for maintaining, furnishing and equipping of such facilities, if the entities receiving the contract or contracts and those entities to which work or services are subcontracted are duly licensed and qualified in the state to perform the contract or contracts. State General Fund appropriations or bonds backed by the state may not be used to finance the construction or maintenance of any such facility.
(2)
The design-build delivery system described under subsection (1) of this section shall be administered pursuant to Section
31-7-13.1
and may be authorized only when the Board of Trustees of State Institutions of Higher Learning makes a determination, entered on its minutes, with specific findings for the project demonstrating how it is in the best interest of the public to enter into a design-build contract.
Laws, 2007, ch. 494, § 4; Laws, 2009, ch. 565, § 3, eff. 5/13/2009.
Mississippi Code 1972 (2023) › Title 37 - EDUCATION (§§ 37-NEW-001 — 37-NEW01-004) › Chapter 101 - INSTITUTIONS OF HIGHER LEARNING; GENERAL PROVISIONS (§§ 37-101-1 — 37-101-415) › CONSTRUCTION OF HOUSING AND DORMITORY FACILITIES BY PRIVATE FINANCING (§§ 37-101-41 — 37-101-47) › Section 37-101-45 - Lessee's rights and remedies

Any holder of lease rights arising under the provisions of Section
37-101-41
, either at law or in equity, by suit, action, or other proceeding, may protect and enforce any and all rights granted thereunder, or under the resolution pursuant to which such lease was signed, or under said lease, and may enforce and compel performance of all duties required by said section to be performed, in order to provide for the payment of the lease obligations set out in said lease.
Codes, 1942, § 6724.5-02; Laws, 1968, ch. 413, § 3, eff. 7/19/1968.
Mississippi Code 1972 (2023) › Title 37 - EDUCATION (§§ 37-NEW-001 — 37-NEW01-004) › Chapter 101 - INSTITUTIONS OF HIGHER LEARNING; GENERAL PROVISIONS (§§ 37-101-1 — 37-101-415) › CONSTRUCTION OF HOUSING AND DORMITORY FACILITIES BY PRIVATE FINANCING (§§ 37-101-41 — 37-101-47) › Section 37-101-47 - Leases deemed legal investments

Any leases executed under the provisions of Section
37-101-41
shall be legal investments for trustees and other fiduciaries, and for banks, trust companies, and insurance companies authorized to do business in the State of Mississippi.
Codes, 1942, § 6724.5-03; Laws, 1968, ch. 413, § 4, eff. 7/19/1968.
Mississippi Code 1972 (2023) › Title 37 - EDUCATION (§§ 37-NEW-001 — 37-NEW01-004) › Chapter 101 - INSTITUTIONS OF HIGHER LEARNING; GENERAL PROVISIONS (§§ 37-101-1 — 37-101-415) › EDUCATIONAL BUILDING CORPORATIONS (§§ 37-101-61 — 37-101-71) › Section 37-101-61 - Authorization and procedure for organization of nonprofit educational building corporations

Whenever the board of trustees of state institutions of higher learning of the state of Mississippi shall by a proper resolution declare the necessity of the formation of nonprofit corporations for the purpose of acquiring or constructing facilities for institutions of higher learning under the jurisdiction and control of said board, any number of natural persons, not less than three (3), who are residents of the State of Mississippi, may file with the Secretary of State of this state and application in writing for authority to incorporate a public nonprofit corporation, known as an "educational building corporation." If it shall be made to appear that each of said persons is a duly qualified resident of this state, then the persons filing such application shall be authorized, subject to the prior approval by said board of the form of the articles of incorporation and bylaws thereof, to proceed to form such corporation as provided by the general law of this state with respect to corporations organized not for profit except as hereinafter provided. The secretary of state, upon receipt of such application, shall forthwith issue a certificate of incorporation.
Codes, 1942, § 6724.5-11; Laws, 1968, ch. 271, § 1; Laws, 1984, ch. 391, § 1, eff. 4/18/1984.
Mississippi Code 1972 (2023) › Title 37 - EDUCATION (§§ 37-NEW-001 — 37-NEW01-004) › Chapter 101 - INSTITUTIONS OF HIGHER LEARNING; GENERAL PROVISIONS (§§ 37-101-1 — 37-101-415) › EDUCATIONAL BUILDING CORPORATIONS (§§ 37-101-61 — 37-101-71) › Section 37-101-63 - General powers of corporations

Each corporation formed under the provisions of Section
37-101-61
shall have the following powers, together with all powers incidental thereto or necessary to the discharge thereof in corporate form: to have succession by its corporate name for the duration of time (which may be in perpetuity) specified in its certificate of incorporation; to sue and be sued and to defend suits against it; to make use of a corporate seal and to alter it at pleasure; to acquire, whether by purchase, construction or gift, facilities for one or more institutions of higher learning and land therefor; to equip, maintain, enlarge or improve such facilities; to lease under such terms and conditions as its board of directors may deem advisable and as shall not conflict with the provisions of Sections
37-101-61
through
37-101-71
to the board of trustees of state institutions of higher learning or to such other entity as may be approved by such board subject to prior approval by said board of each issue of bonds; to issue its bonds for the purpose of defraying the cost of acquiring, constructing, maintaining, enlarging, improving or equipping any of such facilities or land in the manner provided in Section
37-101-65
; to secure the payment of such bonds through the pledge of and lien on such revenues or other sources of income, including lease payments, entering into trust agreements, and the making of such covenants as are provided in Section
37-101-101
; to refund bonds previously issued; to enter into contracts and agreements or do any act necessary for or incidental to the performance of its duties and the execution of its powers under Sections
37-101-61
through
37-101-71
; to accept gifts from any source whatsoever; to appoint and employ such officers and agents, including attorneys, as its business may require; and to provide for such insurance as its board of directors may deem advisable.
Codes, 1942, § 6724.5-12; Laws, 1968, ch. 271, § 2; Laws, 1984, ch. 391, § 2, eff. 4/18/1984.
Mississippi Code 1972 (2023) › Title 37 - EDUCATION (§§ 37-NEW-001 — 37-NEW01-004) › Chapter 101 - INSTITUTIONS OF HIGHER LEARNING; GENERAL PROVISIONS (§§ 37-101-1 — 37-101-415) › EDUCATIONAL BUILDING CORPORATIONS (§§ 37-101-61 — 37-101-71) › Section 37-101-65 - Issuance of bonds

All bonds issued by an educational building corporation may be executed and delivered at any time and from time to time, may be in such form and denominations, may be of such tenor, may be payable in such installments and at such time or times not exceeding thirty (30) years from their date, may be payable at such place or places, may bear interest at such rate or rates payable at such place or places and evidenced in such manner, and may contain such provisions not inconsistent herewith, all as may be provided by resolution of its board of directors. The bonds issued by any such corporation shall be signed by the chairman of its board of directors or other chief executive officer and attested by its secretary, and the seal of such corporation shall be affixed thereto. Any such bonds may be sold at public or private sale in such manner and from time to time as may be determined by the board of directors to be most advantageous, and the corporation may pay all expenses, premiums and commissions which its board of directors may deem necessary or advantageous in connection with the authorization, sale and issuance thereof. All such bonds shall be construed to be negotiable instruments, despite the fact that they are payable solely from a specified source.
Codes, 1942, § 6724.5-13; Laws, 1968, ch. 271, § 3; Laws, 1984, ch. 391, § 3, eff. 4/18/1984.
Mississippi Code 1972 (2023) › Title 37 - EDUCATION (§§ 37-NEW-001 — 37-NEW01-004) › Chapter 101 - INSTITUTIONS OF HIGHER LEARNING; GENERAL PROVISIONS (§§ 37-101-1 — 37-101-415) › EDUCATIONAL BUILDING CORPORATIONS (§§ 37-101-61 — 37-101-71) › Section 37-101-67 - Liability on bonds

All bonds issued by an educational building corporation shall be solely and exclusively obligations of the corporation and shall not create an obligation or debt of the State of Mississippi. The state shall not pledge its full faith or credit for the payment of any debt incurred or bonds issued by such corporation.
All such bonds shall not constitute a debt of the college or university for which the facilities are to be constructed.
Codes, 1942, §§ 6724.5-14, 6724.5-14; Laws, 1968, ch. 271, §§ 3, 4; Laws, 1984, ch. 391, § 4, eff. 4/18/1984.
Mississippi Code 1972 (2023) › Title 37 - EDUCATION (§§ 37-NEW-001 — 37-NEW01-004) › Chapter 101 - INSTITUTIONS OF HIGHER LEARNING; GENERAL PROVISIONS (§§ 37-101-1 — 37-101-415) › EDUCATIONAL BUILDING CORPORATIONS (§§ 37-101-61 — 37-101-71) › Section 37-101-69 - Bonds as legal investments

All bonds issued by an educational building corporation shall be lawful investments for trusts, insurance companies, savings companies, banks, and other financial institutions organized under the laws of this state.
Codes, 1942, § 6724.5-14; Laws, 1968, ch. 271, § 4, eff. 8/7/1968.
Mississippi Code 1972 (2023) › Title 37 - EDUCATION (§§ 37-NEW-001 — 37-NEW01-004) › Chapter 101 - INSTITUTIONS OF HIGHER LEARNING; GENERAL PROVISIONS (§§ 37-101-1 — 37-101-415) › EDUCATIONAL BUILDING CORPORATIONS (§§ 37-101-61 — 37-101-71) › Section 37-101-71 - Lease of facilities by board of trustees; vesting of title to facilities upon retirement of bonds

The board of trustees of state institutions of higher learning of the State of Mississippi is hereby authorized and empowered, in its discretion, to pass proper resolutions declaring the necessity of the formation of nonprofit educational building corporations, as set forth in Section
37-101-61
, and to lease facilities from said corporations in the manner provided by law.
When the principal of and the interest on any bonds of an educational building corporation payable from the revenues derived from the operation of facilities owned by such corporation shall have been paid in full, then such facilities shall thereupon become the property of the board of trustees of state institutions of higher learning and title to the facilities shall thereupon immediately vest in the State of Mississippi.
Codes, 1942, §§ 6724.5-13, 6724.5-15; Laws, 1968, ch. 271, §§ 3, 5, eff. 8/7/1968.
Mississippi Code 1972 (2023) › Title 37 - EDUCATION (§§ 37-NEW-001 — 37-NEW01-004) › Chapter 101 - INSTITUTIONS OF HIGHER LEARNING; GENERAL PROVISIONS (§§ 37-101-1 — 37-101-415) › INSTITUTIONS OF HIGHER LEARNING REPAIR, RENOVATION AND CAPITAL IMPROVEMENTS FUNDS (§§ 37-101-81 — 37-101-83) › Section 37-101-81 - Institutions of Higher Learning Repair and Renovation Fund

There is hereby created in the State Treasury a special fund to be designated as the "Institutions of Higher Learning Repair and Renovation Fund" which shall consist of monies appropriated or otherwise made available therefor by the Legislature. Interest earned on monies in the special fund shall be deposited to the credit of such fund and money shall not lapse at the end of the fiscal year into the State General Fund. Money in the special fund shall be appropriated by the Legislature and allocated by the Bureau of Building, Grounds and Real Property Management, Department of Finance and Administration, for the repair, renovation and improvement of existing facilities under the control of the state institutions of higher learning, including utility infrastructure projects; heating, ventilation and air conditioning systems; and the replacement of furniture and equipment. However, the cost of such repair, renovation and improvement for any one project shall not exceed One Million Dollars ($1,000,000.00). For the purposes of this section, the term "furniture and equipment" shall be limited to the types of furniture and equipment items previously recorded in the institution's inventory.
Laws, 1999, ch. 334, § 1, eff. 3/12/1999.
Mississippi Code 1972 (2023) › Title 37 - EDUCATION (§§ 37-NEW-001 — 37-NEW01-004) › Chapter 101 - INSTITUTIONS OF HIGHER LEARNING; GENERAL PROVISIONS (§§ 37-101-1 — 37-101-415) › ISSUANCE OF BONDS FOR CONSTRUCTION AND IMPROVEMENT OF FACILITIES (§§ 37-101-91 — 37-101-103) › Section 37-101-91 - Authority of board of trustees to borrow money for construction, repair, etc., of facilities; bond issue authorization; interest rates on bonds

The Board of Trustees of State Institutions of Higher Learning is hereby authorized and empowered to contract with and borrow money from the United States of America, or any department, instrumentality, or agency thereof, as may be designated or created to make loans and grants, or from private lenders, at an overall rate of interest to maturity not to exceed that allowed in Section
75-17-103
, for the purpose of acquiring land for, and erecting, repairing, remodeling, maintaining, adding to, extending, improving, equipping, or acquiring dormitories, dwellings, apartments, athletic stadium, gymnasiums, student union buildings, student service centers, athletic fields, swimming pools, parking facilities, cafeterias, dining halls, and/or other revenue producing facilities, to be located at or near the campuses of the University of Mississippi, Mississippi State University of Agriculture and Applied Science, Mississippi University for Women, Alcorn State University, University of Southern Mississippi, Delta State University, Jackson State University, Mississippi Valley State University, and Gulf Coast Research Laboratory.
In agreements or commitments by or between the aforesaid board of trustees and private lenders and/or the U.S. Department of Housing and Urban Development to make loans or grants for the construction of dormitories in which bonds are to be issued under the provisions of Sections 37-101-91 through
37-101-103
, and in which part or all of the principal and/or interest on said bonds is to be paid or guaranteed by the U.S. Department of Housing and Urban Development, said bonds shall bear a net interest rate not in excess of that allowed in Section
75-17-103
.
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
.
Codes, 1942, § 6724.5-11; Laws, 1968, ch. 271, § 1; Laws, 1983, ch. 453; Laws, 1984, ch. 506, § 2, eff. 5/15/1984.
Amended by Laws, 2023, ch. 410, HB 922,§ 2, eff. 3/22/2023.
Mississippi Code 1972 (2023) › Title 37 - EDUCATION (§§ 37-NEW-001 — 37-NEW01-004) › Chapter 101 - INSTITUTIONS OF HIGHER LEARNING; GENERAL PROVISIONS (§§ 37-101-1 — 37-101-415) › ISSUANCE OF BONDS FOR CONSTRUCTION AND IMPROVEMENT OF FACILITIES (§§ 37-101-91 — 37-101-103) › Section 37-101-93 - Bond issue resolution; issuance, terms, sale, etc., of bonds

Bonds issued for the purposes enumerated in Section
37-101-91
shall be authorized by resolution of the board of trustees of state institutions of higher learning. Said resolution shall positively show the said land, to be acquired, if any, and the said dormitories, dwellings, apartments, athletic stadiums, gymnasiums, student union buildings, student service centers, athletic fields, swimming pools and the like, to be erected, repaired, remodeled, maintained, added to, extended, improved, equipped or acquired, together with equipment therefor. A majority vote of all the members of said board of trustees shall be necessary to the passage of said resolution, and all votes on such resolutions shall be by yea and nay vote, duly recorded on the minutes of the proceedings of the board.
The bonds may be issued in one or more series, may bear such date or dates, may be in such denomination or denominations, may mature at such time or times, not exceeding forty (40) years from the respective dates thereof, may mature in such amount of amounts, may bear interest at such rate or rates, not exceeding that allowed in Section
75-17-103
, payable semiannually, may be in such forms, either coupon or registered, may carry such registration privileges, may be executed in such manner, may be payable in such medium of payment, at such place or places, and may be subject to such terms of redemption, with or without premium, as such resolution or other resolutions may provide. The bonds may be sold at a private sale, at not less than par and accrued interest, without advertising the same at competitive bidding. The bonds shall be fully negotiable within the meaning and for all purposes of the Uniform Commercial Code.
Notwithstanding any other provision of law, in any resolution authorizing bonds hereunder, including refunding bonds, the board of trustees may provide for the initial issuance of one or more bonds (hereinafter sometimes collectively called "bond"), may make such provision for installment payments of the principal amount of any such bond as it may consider desirable, and may provide for the making of any such bond registerable as to principal or as to both principal and interest and, where interest accruing thereon is not represented by interest coupons, for the endorsing of payments of interest on such bond. The board may further make provision in any such resolution for the manner and circumstances in and under which any such bond may in the future, at the request of the holder thereof, be converted into bonds of smaller denominations, which bonds of small denominations may in turn be either coupon bonds or bonds registerable as to principal or principal and interest.
Codes, 1942, § 6724.5-12; Laws, 1968, ch. 271, § 2; Laws, 1984, ch. 506, § 3, eff. 5/15/1984.
Mississippi Code 1972 (2023) › Title 37 - EDUCATION (§§ 37-NEW-001 — 37-NEW01-004) › Chapter 101 - INSTITUTIONS OF HIGHER LEARNING; GENERAL PROVISIONS (§§ 37-101-1 — 37-101-415) › ISSUANCE OF BONDS FOR CONSTRUCTION AND IMPROVEMENT OF FACILITIES (§§ 37-101-91 — 37-101-103) › Section 37-101-97 - Sale of bonds; state liability on bonds

All bonds sold under the provisions of Sections
37-101-91
through
37-101-103
shall be sold by the state bond commission. The state shall not pledge its full faith and credit to the payment of said bonds.
Codes, 1942, § 6725-11; Laws, 1946, ch. 384, § 1; Laws, 1948, ch. 281, § 1; Laws, 1952, ch. 279; Laws, 1958, ch. 296, § 1; Laws, 1968, ch. 414, § 1; Laws, 1969, Ex Sess, ch. 32, § 1; Laws, 1970, ch. 389, § 1, eff. 4/3/1970.
Mississippi Code 1972 (2023) › Title 37 - EDUCATION (§§ 37-NEW-001 — 37-NEW01-004) › Chapter 101 - INSTITUTIONS OF HIGHER LEARNING; GENERAL PROVISIONS (§§ 37-101-1 — 37-101-415) › ISSUANCE OF BONDS FOR CONSTRUCTION AND IMPROVEMENT OF FACILITIES (§§ 37-101-91 — 37-101-103) › Section 37-101-99 - Supervision of building projects

The Department of Finance and Administration, acting through the Bureau of Building, Grounds and Real Property Management, is hereby authorized to supervise the contracting for, and the erection of, all buildings erected as a result of the provisions of Sections
37-101-91
through
37-101-103
which the Board of Trustees of State Institutions of Higher Learning does not self-administer or allow a state institution of higher learning to administer.
Codes, 1942, § 6725-11; Laws, 1946, ch. 384, § 1; Laws, 1948, ch. 281, § 1; Laws, 1952, ch. 279; Laws, 1958, ch. 296, § 1; Laws, 1968, ch. 414, § 1; Laws, 1969, Ex Sess, ch. 32, § 1; Laws, 1970, ch. 389, § 1, eff. 4/3/1970.
Amended by Laws, 2019, ch. 465, SB 2867,§ 4, eff. 7/1/2019.
Mississippi Code 1972 (2023) › Title 37 - EDUCATION (§§ 37-NEW-001 — 37-NEW01-004) › Chapter 101 - INSTITUTIONS OF HIGHER LEARNING; GENERAL PROVISIONS (§§ 37-101-1 — 37-101-415) › INVESTMENTS IN UNITED STATES SHORT-TERM BONDS (§§ 37-101-121 — 37-101-125) › Section 37-101-121 - Authorization of investments

The board of trustees of state institutions of higher learning is hereby authorized and empowered, in its discretion, and with the consent and approval of the state building commission, to invest any funds derived or made available for the purpose of constructing, erecting, repairing, remodeling or equipping dormitories and other housing facilities under projects approved and sanctioned by the Home and Housing Finance Agency of the United States of America, whether said funds be derived from the proceeds of bonds issued under the provisions of Sections
37-101-91
through
37-101-103
, or from money borrowed for the interim financing of any such project, or from any other sources, in short-term bonds or other direct obligations of the United States of America. However, no such funds shall be so invested except the amount of such funds which is in excess of the sums which will be required for expenditure in financing the construction of said projects during the succeeding ninety days. In all cases, the bonds or other obligations in which such funds are invested shall mature or be redeemable prior to the time the funds so invested will be needed for expenditure in financing the construction of said projects.
The board of trustees of state institutions of higher learning, with the consent and approval of the state building commission, may, by order or resolution spread upon its minutes, authorize and empower any member or members of said board of trustees, or any officers or employees thereof, or any other person or persons, to make investments of such funds from time to time as they shall be available for investment under the provisions of this section. Any such member or members or officers or employees, or other person or persons, when so authorized by such order or resolution, shall have the power and authority to make such investments of such funds, to make purchases of such bonds or other obligations, to execute all necessary instruments in connection therewith, and to take such other action as may be necessary to effectuate the investment of such funds.
Codes, 1942, § 6725.3; Laws, 1958, ch. 302, §§ 1-5.
Mississippi Code 1972 (2023) › Title 37 - EDUCATION (§§ 37-NEW-001 — 37-NEW01-004) › Chapter 101 - INSTITUTIONS OF HIGHER LEARNING; GENERAL PROVISIONS (§§ 37-101-1 — 37-101-415) › INVESTMENTS IN UNITED STATES SHORT-TERM BONDS (§§ 37-101-121 — 37-101-125) › Section 37-101-123 - Sale and redemption

When any such bonds or other direct obligations of the United States of America shall have been purchased with such excess funds as is provided for in Section
37-101-121
, such bonds or other obligations may be sold or surrendered for redemption at any time by order or resolution adopted by the board of trustees of state institutions of higher learning, and approved by the state building commission. Any member or members thereof or any officers or employees thereof, or any other person or persons, when authorized by such order or resolution, shall have the power and authority to sell said bonds or other obligations or to surrender same for redemption and to execute all instruments and take such other action as may be necessary to effectuate the sale or redemption thereof. When such bonds or other obligations shall be sold or redeemed, the proceeds thereof, including the accrued interest thereon, shall be paid into the proper fund and shall in all respects be dealt with and expended for the purpose for which said funds were originally derived or made available.
Codes, 1942, § 6725.3; Laws, 1958, ch. 302, §§ 1-5.
Mississippi Code 1972 (2023) › Title 37 - EDUCATION (§§ 37-NEW-001 — 37-NEW01-004) › Chapter 101 - INSTITUTIONS OF HIGHER LEARNING; GENERAL PROVISIONS (§§ 37-101-1 — 37-101-415) › INVESTMENTS IN UNITED STATES SHORT-TERM BONDS (§§ 37-101-121 — 37-101-125) › Section 37-101-125 - Orders and resolutions of board of trustees

Orders or resolutions of the board of trustees of state institutions of higher learning authorizing the investment of funds or the sale and redemption of bonds and other obligations purchased therewith under the provisions of Sections
37-101-121
and
37-101-123
, may be in general terms and may confer continuing authority upon the person or persons authorized to act. It shall not be necessary that separate resolutions or orders be passed and adopted with reference to each transaction.
Codes, 1942, § 6725.3; Laws, 1958, ch. 302, §§ 1-5.
Mississippi Code 1972 (2023) › Title 37 - EDUCATION (§§ 37-NEW-001 — 37-NEW01-004) › Chapter 101 - INSTITUTIONS OF HIGHER LEARNING; GENERAL PROVISIONS (§§ 37-101-1 — 37-101-415) › SALE OF TIMBER; MINERAL LEASES (§§ 37-101-141 — 37-101-161) › Section 37-101-141 - Sale of timber on federally granted lands authorized

The Board of Trustees of State Institutions of Higher Learning is hereby authorized and empowered, in its discretion, to sell and dispose of the timber, trees, dead wood and stumps standing, growing and being upon the lands granted to the State of Mississippi for the use and benefit of the University of Mississippi by an act of Congress of the United States approved June 20, 1894, and upon the lands granted to the State of Mississippi for the use and benefit of Mississippi University for Women by an act of Congress of the United States approved March 2, 1895, and upon the lands granted to the State of Mississippi for the use and benefit of Mississippi State University of Agriculture and Applied Science, and Alcorn State University by an act of Congress of the United States approved February 20, 1895, whenever the sale or disposition of such timber shall be to the best advantage of the institutions named herein. Such timber shall be sold and disposed of under the direction and specifications of the State Forestry Commission in accordance with sound and efficient principles of forestry management and conservation.
Codes, 1942, § 6726-01; Laws, 1946, ch. 323, § 1.
Amended by Laws, 2023, ch. 410, HB 922,§ 3, eff. 3/22/2023.