55-23-37 - Issuance of warrants for payment of bonds.
§ 55-23-37. Issuance of warrants for payment of bonds.
The State Treasurer is hereby authorized, without further process of law, to certify to the State Fiscal Management Board the necessity for warrants, and the State Fiscal Management Board is hereby authorized and directed to issue such warrants payable out of the Mississippi Veterans Memorial Stadium Bond Sinking Fund authorized by Sections 55-23-21 through 55-23-43 for such purpose, in such amounts as may be necessary to pay when due the principal of and interest on all bonds issued under the provisions of Sections 55-23-21 through 55-23-43; and the State Treasurer shall forward the necessary amount to the designated place or places of payment of said bonds in ample time to discharge such bonds, or the interest thereon, on the due dates thereof.
Sources: Laws, 1979, ch. 360, § 9; Laws, 1989, ch. 548, § 5, eff from and after passage (approved April 19, 1989).