§ 59-5-59. Allocation of revenues, rents and earnings to payment of bonds; sinking fund

MS Code § 59-5-59 (2019) (N/A)
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(a) The interest upon such bonds as such interest shall accrue.

(b) The principal of the bonds when due, or when declared to be due, as prescribed by the resolution authorizing the bonds.

(c) The necessary charges of the paying agent or paying agents for paying principal and interest of and on such bonds.

(d) Any premium on bonds retired by call or purchase as may be provided therein.

(e) Net revenues shall be defined in the agreement between the board and the city or county, or other authorized port or harbor agency, as provided in Sections 59-5-17 and 59-5-19.