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Section 57-10-29 - Disposition of funds received by corporation; annual audit — Mississippi Law | CourtGPT
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Mississippi Legal Code

Section 57-10-29 - Disposition of funds received by corporation; annual audit

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All funds received by the corporation from any source whatsoever shall be deposited in a qualified state depository to the credit of the 'Mississippi Economic Development Corporation,' said funds to be disbursed therefrom upon checks drawn upon said account after approval of said board and signed by the chairman and treasurer of the corporation. The post audit division of state government shall audit said corporation's books not less than once each year.Codes, 1942, § 8940-116; Laws, 1972, ch. 439, § 16, eff. 5/4/1972.