SEC. 43-33-779. Disposition of proceeds of sale of bonds.
Upon the issuance and sale of bonds under the provisions of Secs. 43-33-767 through 43-33-797, the State Bond Commission shall transfer the proceeds of any such sale or sales to the Mississippi Affordable Housing Development Fund created in Section 43-33-759. The proceeds of such bonds shall be disbursed solely upon the order of the Department of Finance and Administration under such restrictions, if any, as may be contained in the resolution providing for the issuance of the bonds.
SOURCES: Laws, 1994, ch. 556, Sec. 7, eff from and after July 1, 1994