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General Provisions

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Section
31-25-1

Short title

Section
31-25-3

Legislative intent; construction

Section
31-25-5

Definitions

Section
31-25-7

Mississippi Development Bank created

Section
31-25-9

Bank's powers vested in board

Section
31-25-11

Quorum for conducting business; per diem compensation; expenses

Section
31-25-13

Repealed

Section
31-25-15

Disclosure of contractual interest

Section
31-25-17

Acceptance of membership on bank; nonforfeiture of office or employment

Section
31-25-19

Powers and duties of Bank

Section
31-25-20

Power of bank to loan money to local governmental unit

Section
31-25-21

Power of bank to loan money to local governmental unit

Section
31-25-23

Loans to local governmental units; purchase or sale of municipal securities

Section
31-25-25

Prohibited transactions

Section
31-25-27

Powers of local governmental units to contract with bank; issuance of securities; pledges for repayment; personal liability of local governmental officials; validation of securities; waiver of defenses; fraudulent acts; agreements with regard to powers of State Tax Commission; certain local governmental units required to make certifications to Mississippi Development Bank before issuance of bonds; local governmental units authorized to borrow money from any United States government loan guarantee program

Section
31-25-28

Purpose for which loan may be made

Section
31-25-29

Intergovernmental cooperation

Section
31-25-31

Bonds issued by Bank as general or special obligations of Bank; issuance of bonds as affecting State's obligation to levy or collect taxes or assessments; liability of State for payment of principal or interest

Section
31-25-33

Exemption from taxation

Section
31-25-35

Report; audit of books and accounts

Section
31-25-37

Issuance of bonds by bank for corporate purposes

Section
31-25-39

Resolution of Board authorizing or relating to issuance of bonds; contracts

Section
31-25-41

Pledge of revenues or other moneys

Section
31-25-43

Establishment of funds or accounts

Section
31-25-45

Purchase of bonds by Bank

Section
31-25-47

Agreements or contracts for safekeeping of municipal bonds or other investments

Section
31-25-49

Reservation of State power

Section
31-25-51

Bonds of bank as legal investments; authorized investments by bank

Section
31-25-53

Chapter provisions as cumulative

Section
31-25-55

Savings clause