Section 31-29-1 - Definitions

As used in this chapter, 'general obligation bonds' means bonds of the State of Mississippi, to the repayment of which, both as to principal and interest, the full faith, credit and taxing power of the State of Mississippi are irrevocably pledged until the principal and interest is paid in full.Laws, 1987, ch. 437, § 1, eff. 3/30/1987.