Mississippi § 31-17-39 - State bonds; expenditures from and transfer of state bond retirement revolving fund.
Full text of Mississippi Mississippi Code of 1972 Annotated § 31-17-39 — State bonds; expenditures from and transfer of state bond retirement revolving fund., with citation guidance and answers to common questions.
§ 31-17-39. State bonds; expenditures from and transfer of state bond retirement revolving fund.
All sums paid into and actually in the state bond retirement revolving fund, including the original legislative appropriation, the proceeds from federal securities sold under the provisions of Sections 31-17-27 through 31-17-43, and sums received from the payment of either principal or interest on federal securities purchased hereunder, shall be continuously available to the state bond retirement commission for expenditure or transfer in accordance with the provisions and to carry out the purpose of said sections without the necessity of further appropriation by the Legislature. All such sums shall be considered in the State Treasury only for the purpose and to the extent necessary to make them public funds and subject to the same protection as other public funds. These funds shall be paid out or transferred as provided herein on warrants issued according to law, pursuant to requisitions signed by the chairman and secretary of the commission, on authority of the commission.
Source: official Mississippi text · Last verified 2026-08-27
Frequently Asked Questions About Mississippi § 31-17-39
What does Mississippi Code of 1972 Annotated § 31-17-39 cover?
Section 31-17-39 ("State bonds; expenditures from and transfer of state bond retirement revolving fund.") is part of the Mississippi Code of 1972 Annotated, the codified statutory law of Mississippi. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Mississippi § 31-17-39?
A common citation format is "Mississippi Code of 1972 Annotated § 31-17-39" (Mississippi). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Mississippi law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Mississippi official source linked on this page or consult a licensed Mississippi attorney.
How does Mississippi § 31-17-39 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Mississippi can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Mississippi.