SEC. 69-9-9. Use of funds.
(1) The Mississippi Soybean Promotion Board shall plan and conduct a program of research, education and advertising designed to promote the soybean industry in Mississippi and said board is authorized to use the funds derived from the assessment imposed herein for these purposes, including basic administration expenses of said plan. Use of these funds may be applied, as prescribed in this section, within or without the State of Mississippi, including regional, national and international research and promotional applications.
(2) Said funds may be expended only for the purposes set out in this chapter and shall be spent in no manner for political purposes. A report of all expenditures shall be made annually with three (3) copies of said report to be filed with each of the following: The clerk of the house of representatives, the secretary of the senate and the state law library.
SOURCES: Codes, 1942, Sec. 4575-235; Laws, 1970, ch. 265, Sec. 5, eff from and after June 1, 1970.