SEC. 51-13-151. Preliminary expenses.
Any municipality or county which is within the territorial limits of the district may advance funds to said district to pay the preliminary expenses, including engineers' reports, organization, or administration expenses, on such terms of repayment as the governing body of such municipality or county shall determine. Notwithstanding the provision of any law to the contrary, any such municipality or county is authorized and empowered to borrow money for a period not to exceed one year from the date of such borrowing, for the purpose of making such advances. The board of directors is hereby authorized to repay any such advances from the proceeds of any funds for bonds issued under the provisions of this article.
Any board of supervisors may, in its discretion, transfer any funds authorized by sections 51-13-129 and 51-13-131, to the depository of the Tombigbee River Valley Water Management District to be expended for any of the purposes of the district. The said district is authorized to expend all funds coming into its depository for any legitimate purpose authorized by law.
SOURCES: Codes, 1942, Sec. 5956-154; Laws, 1962, ch. 224, Sec. 24; 1962, 2d Ex. Sess., ch. 32, Sec. 8, eff from and after passage (approved Dec. 12, 1962).