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Section 55-25-11 - Acceptance of grants, loans, etc — Mississippi Law | CourtGPT
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Mississippi Legal Code

Section 55-25-11 - Acceptance of grants, loans, etc

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The board of directors of a district is hereby authorized and empowered to accept grants, loans, gifts, bequests or funding from any source, public or private, that the granting agency has authority to provide; but in no circumstances shall the acceptance of any such funding obligate any district to repay a sum in excess of the avails of the tax levies authorized by this chapter.Laws, 1994, ch. 574, § 6, eff. 4/7/1994.