Mississippi § 65-33-59 - Terms of new bonds.
Full text of Mississippi Mississippi Code of 1972 Annotated § 65-33-59 — Terms of new bonds., with citation guidance and answers to common questions.
§ 65-33-59. Terms of new bonds.
Bonds issued under the authority of Sections 65-33-57 and 65-33-59 shall be full faith and credit obligations of the county issuing the same; shall mature within fifteen years of their date of issuance in such annual maturities and denominations as the board of supervisors may direct; shall bear interest at a rate not to exceed five and one half per centum per annum, payable semiannually; may be issued without notice or an election therefor; and shall not be subject to any limitation relative to amount of bonded debt. Such bonds and the interest thereon shall be payable both as to principal and interest from the same sources of revenue and taxes made available for the payment of road protection bonds under the provisions of this chapter. Nothing herein contained shall be construed to affect any of the provisions of House Bill No. 287 [ch. 130] as enacted at the Regular 1938 Session of the Mississippi Legislature.
Source: official Mississippi text · Last verified 2026-08-27
Frequently Asked Questions About Mississippi § 65-33-59
What does Mississippi Code of 1972 Annotated § 65-33-59 cover?
Section 65-33-59 ("Terms of new 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 § 65-33-59?
A common citation format is "Mississippi Code of 1972 Annotated § 65-33-59" (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 § 65-33-59 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.