Statutes > Mississippi Statutes > TITLE 31 - PUBLIC BUSINESS, BONDS AND OBLIGATIONS > Chapter 17 - State Bonds; Retirement of Bonds. > 31-17-25 - State bonds; purchase of bonds sold below par.

31-17-25 - State bonds; purchase of bonds sold below par.

§ 31-17-25. State bonds; purchase of bonds sold below par.
  

Where the bonds of the state were sold for less than par and accrued interest, then the State Bond Commission shall not pay a greater price than the price for which the bonds were sold. 
 

Sources: Codes, 1942, § 4383; Laws,  1936, ch. 196.