Sixteenth Section Development Authorities

  1. Law
  2. Mississippi Code
  3. Public Lands, Buildings and Property
  4. Sixteenth Section and Lieu Lands
  5. Sixteenth Section Development Authorities

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Section
29-3-151

Declaration of purpose

Section
29-3-153

Definitions

Section
29-3-155

Creation of sixteenth section development authority; acquisition of easements; interim financing

Section
29-3-157

Selection of trustees of authority; vacancies; qualifications; compensation

Section
29-3-159

General powers of authority

Section
29-3-161

Issuance of bonds authorized

Section
29-3-163

Payments on bonds when net revenues are insufficient

Section
29-3-165

Sale of bonds

Section
29-3-167

Issuance of bonds to defray expenses of authority

Section
29-3-169

General terms and conditions as to bonds

Section
29-3-171

Validation of bonds

Section
29-3-173

Cooperation with other governmental agencies

Section
29-3-174

Immunity from tort actions except for wilful or gross negligence

Section
29-3-175

Exemptions from state taxation

Section
29-3-177

Bonds as legal investments and as security for deposits of public funds

Section
29-3-179

Construction contracts

Section
29-3-181

Deposit of authority's funds

Section
29-3-183

Bond proceeds may be utilized to pay preliminary expenses