Statutes > Mississippi Statutes > TITLE 31 - PUBLIC BUSINESS, BONDS AND OBLIGATIONS > Chapter 17 - State Bonds; Retirement of Bonds. > 31-17-23 - State bonds; best bid accepted.

31-17-23 - State bonds; best bid accepted.

§ 31-17-23. State bonds; best bid accepted.
  

The State Bond Commission shall accept the bid or bids determined by it to be most favorable to the state. The interest rate and maturity of the bonds to be purchased shall be taken into consideration in determining the best bid. 
 

Sources: Codes, 1942, § 4382; Laws,  1936, ch. 196.