Mississippi § 51-31-69 - Sale of district bonds.

Full text of Mississippi Mississippi Code of 1972 Annotated § 51-31-69 — Sale of district bonds., with citation guidance and answers to common questions.

§ 51-31-69. Sale of district bonds.

In case the drainage district shall issue bonds for any part of the money levied for the purpose of the district as hereinabove authorized, said bonds may be sold upon the market to the best advantage but shall not be sold for less than par value, unless a sale below par be approved by the chancellor and the commissioners. The whole amount realized from the sale of such bonds shall be deposited in the treasury of said district.

Source: official Mississippi text · Last verified 2026-08-27

Frequently Asked Questions About Mississippi § 51-31-69

What does Mississippi Code of 1972 Annotated § 51-31-69 cover?

Section 51-31-69 ("Sale of district bonds.") 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 § 51-31-69?

A common citation format is "Mississippi Code of 1972 Annotated § 51-31-69" (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 § 51-31-69 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.