Mississippi § 65-23-221 - Bond issue.
Full text of Mississippi Mississippi Code of 1972 Annotated § 65-23-221 — Bond issue., with citation guidance and answers to common questions.
§ 65-23-221. Bond issue.
In order to carry out the purposes for which the district is organized and created, the board of commissioners may borrow money at a rate of interest not exceeding six percent (6%) per annum and issue negotiable notes or bonds therefor, signed by the chairman or vice-chairman and the secretary, when authorized by the commissioners, and may pledge all assessments of benefits for the repayment thereof. No bonds issued under the terms of this article shall run for more than thirty years, and all issues of such bonds must be divided so that a portion thereof will mature each year, as other general obligation bonds are now required to be issued.
Frequently Asked Questions About Mississippi § 65-23-221
What does Mississippi Code of 1972 Annotated § 65-23-221 cover?
Section 65-23-221 ("Bond issue.") 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 § 65-23-221?
A common citation format is "Mississippi Code of 1972 Annotated § 65-23-221" (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 § 65-23-221 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.