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11-62-1
Section 11-62-1 Definitions. (a) The following words and phrases used in this chapter, and
others evidently intended as the equivalent thereof, shall, in the absence of clear implication
herein otherwise, be given the following respective interpretations herein: (1) AUTHORITY.
Any public corporation organized pursuant to this chapter. (2) AUTHORIZED PURPOSE OBLIGATION.
The term includes either of the following: a. Any lease, note, installment sale contract,
or any other obligation of a user, whether general or special, which was entered into, made,
assumed, or otherwise incurred by the user, in whole or in part, for the purpose of financing
the acquisition or ownership of one or more facilities, for the purpose of obtaining funds
with which to operate one or more facilities or for any combination of those purposes. b.
Any obligation of any kind which was entered into, made, assumed, or otherwise incurred by
the United States of America or any department, agency, or instrumentality...
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11-60-2
Section 11-60-2 Legislative intent; construction of chapter generally. (a) It is the intention
of the Legislature by the passage of this chapter to promote the public health and general
welfare by authorizing the incorporation in the several municipalities in this state of public
corporations to acquire, enlarge, improve, expand, own, operate, lease, and dispose of properties
to the end that such corporation may be able to promote public interest and participation
in sports, athletics, and recreational activities and to provide or improve public parks in
this state, including all buildings, facilities, and improvements incident thereto or useful
in connection therewith. It is the further intent of the Legislature by the passage of this
chapter to vest such public corporations with all powers that may be necessary to enable them
to accomplish such purposes. (b) This chapter shall be liberally construed in conformity with
the said intention. (Acts 1967, Ex. Sess., No. 218, p. 264, §1.)...
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11-22-19
Section 11-22-19 Transfer of assets from other public corporations. Any public corporation
organized pursuant to the provisions of any other law of this state may, either with or without
the payment of pecuniary consideration, transfer, assign, or convey all or any part of its
assets, including, but without limitation, land, interests in land, improvements, buildings,
structures, roads, utility facilities, cash, and any facilities which would be a part of a
project, to any corporation organized pursuant to the provisions of this chapter, and any
corporation so organized under the provisions of this chapter is authorized to assume any
obligation or indebtedness of any such other public corporation making such a conveyance,
transfer, or assignment; provided, that such indebtedness is payable solely out of the revenues
and income of a project or of the facilities and assets so transferred, assigned, or conveyed.
(Acts 1975, 3rd Ex. Sess., No. 139, §19.)...
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16-18-1
Section 16-18-1 Definitions. For the purposes of this chapter, the following words and phrases
shall have the following respective meanings: (1) ANCILLARY IMPROVEMENTS. Educational and
related facilities of every kind including, but without limitation to, classrooms, scientific
and other laboratories, libraries, auditoriums, gymnasiums, cafeterias, dining rooms, dormitories,
student and faculty apartments, student union buildings, recreational and social facilities,
student and faculty infirmaries and clinics and facilities for washing, laundering and cleaning
clothing and fabrics of every kind, or any combination of any thereof, and shall also include
equipment and furniture and fixtures used or useful in educational and related facilities
of every kind. Nothing herein shall be construed as authorizing the construction of buildings
for primarily commercial purposes. (2) APPLICANT. A natural person who files a written application
with the governing body of any municipality in...
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11-20-44
Section 11-20-44 Conveyances, etc., of assets to corporations by other public corporations;
assumption of obligations or indebtedness of corporations making conveyances, etc. Any public
corporation organized pursuant to the provisions of any other law of this state may, either
with or without the payment of pecuniary consideration, transfer, assign or convey all or
any part of its assets, including, but without limitation, land, interests in land, improvements,
buildings, structures, roads, utility facilities, cash and any facilities which would be a
part of a project, to any corporation organized pursuant to the provisions of this article,
and any corporation so organized under the provisions of this article is authorized to assume
any obligation or indebtedness of any such other public corporation making such a conveyance,
transfer or assignment, provided such indebtedness is payable solely out of the revenues and
income of a project or of the facilities and assets so transferred,...
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16-17-1
Section 16-17-1 Definitions. For purposes of this chapter, the following words and phrases
shall be given the following respective meanings: (1) ANCILLARY IMPROVEMENTS. Educational
and related facilities of every kind including, but without limitation to, classrooms, scientific
and other laboratories, libraries, auditoriums, gymnasiums, cafeterias, dining rooms, dormitories,
student and faculty apartments, student union buildings, recreational and social facilities,
student and faculty infirmaries and clinics and facilities for washing, laundering and cleaning
clothing and fabrics of every kind, or any combination of any thereof, and shall also include
equipment and furniture and fixtures used or useful in educational and related facilities
of every kind. (2) APPLICANT.A natural person who files a written application with the governing
body of any municipality in accordance with the provisions of Section 16-17-3. (3) AUTHORITY.
Any public corporation organized pursuant to the...
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16-3-28
Section 16-3-28 Authority of board and trustees of institutions to borrow from federal agencies
or others; issuance of bonds, notes and other securities. (a) The State Board of Education,
acting for the respective educational institutions under its supervision, and each public
corporation that conducts one or more state educational institutions under its supervision,
acting through its board of trustees or other governing body, are hereby separately authorized
to exercise and perform any or all of the following powers: (1) To borrow money from the United
States of America or any department or agency thereof, or from any person, firm, corporation
or other lending agency for the purchase, construction, enlargement or alteration of any buildings
or other improvements, including dormitories, dining halls, classrooms, laboratories, libraries,
stadiums, administration buildings and any other buildings and appurtenances thereto suitable
for use by the institution with respect to which the...
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37-11A-1
Section 37-11A-1 Execution and text of compact. The Governor, on behalf of this state, shall
execute a compact, in substantially the following form, with the State of Mississippi, and
the Legislature approves and ratifies the compact in the form substantially as follows: Northeast
Mississippi - Northwest Alabama Railroad Authority Compact. The contracting states solemnly
agree: Article I. The purpose of this compact is to promote and develop trade, commerce, industry,
and employment opportunities for the public good and welfare in northeast Mississippi and
northwest Alabama through the establishment of a joint interstate authority to acquire certain
railroad properties and facilities which the operator thereof has notified the Interstate
Commerce Commission of an intention to abandon and which are located in any of Franklin, Marion,
or Winston Counties, Alabama or in Alcorn or Tishomingo Counties, Mississippi. Article II.
This compact shall become effective immediately as to the State...
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11-92B-1
Section 11-92B-1 Definitions. When used in this chapter, the following words and terms shall
have the following meanings, respectively, unless the context clearly indicates otherwise:
(1) ARTICLES. The articles of incorporation of an authority. (2) AUTHORITY. A public corporation
incorporated pursuant to this chapter. (3) BOARD. The board of directors of an authority.
(4) BOND or BONDS. A bond or bonds issued under this chapter. (5) COUNTY OF INCORPORATION.
The county in which an authority has been or is proposed to be incorporated. (6) DIRECTORS.
The members of the board of directors. (7) INCORPORATORS. The natural persons filing a written
application for the incorporation of an authority pursuant to this chapter. (8) JUDGE OF PROBATE.
The judge of probate of the county of incorporation of an authority. (9) MILITARY INSTALLATION.
A federal military fort, base, camp, post, station, yard, depot, arsenal, armory, or installation.
(10) OPERATIONAL AREA. The parcels of realty within a...
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11-97-2
Section 11-97-2 Definitions. The following words and phrases used in this chapter, and others
evidently intended as the equivalent thereof, shall, in the absence of a clear implication
herein otherwise, be given the following respective interpretations herein: (1) APPLICANT.
A natural person who files a written application with the governing body of any county or
municipality in accordance with the provisions of Section 11-97-3 hereof. (2) AUTHORIZING
RESOLUTION. A resolution of ordinance adopted by the governing body of any county or municipality
in accordance with the provisions of Section 11-97-3 hereof, that authorizes the incorporation
of a corporation. (3) BOARD. The board of directors of a corporation. (4) BONDS. Bonds, notes,
or other obligations representing an obligation to pay money. (5) CORPORATION. Any public
corporation organized pursuant to the provisions of this chapter. (6) COSTS. As applied to
a facility or any portion thereof, shall include all or any part of the...
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