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Section 57-10-407 - [Repealed effective 10/1/2025] Power of corporation to accept and expend monies — Mississippi Law | CourtGPT
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  7. Section 57-10-407 - [Repealed effective 10/1/2025] Power of corporation to accept and expend monies
Mississippi Legal Code

Section 57-10-407 - [Repealed effective 10/1/2025] Power of corporation to accept and expend monies

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The corporation may accept and expend:(a) monies which may be appropriated from time to time by the Legislature;(b) monies which may be available under the Mississippi Small Enterprise Development Finance Act; or(c) monies which may be received from any source, including income from the corporation's operations, under Sections 57-10-401 through 57-10-445, for effectuating the purposes of Sections 57-10-401 through 57-10-445, including, without limitation, the payment of the expenses of administration and operation incurred pursuant to Sections 57-10-401 through 57-10-445 and the establishment and, if deemed desirable, maintenance of a reserve or contingency fund for the administration of Sections 57-10-401 through 57-10-445.Laws, 1993, ch. 565, § 4; reenacted without change, Laws, 1997, ch. 576, § 4; reenacted without change, Laws, 2000, ch. 425, § 4; reenacted without change, Laws, 2001, ch. 337, § 4; reenacted without change, Laws, 2005, ch. 399, § 4; reenacted without change, Laws, 2007, ch. 389, § 4; reenacted without change, Laws, 2011, ch. 519, § 4, eff. 7/1/2011.Reenacted without change by Laws, 2022, ch. 381, SB 2846,§ 4, eff.

ch. 399, § 4; reenacted without change, Laws, 2007, ch. 389, § 4; reenacted without change, Laws, 2011, ch. 519, § 4, eff. 7/1/2011.Reenacted without change by Laws, 2022, ch. 381, SB 2846,§ 4, eff. 7/1/2022.Reenacted without change by Laws, 2017, ch. 325, SB 2474, 4, eff. 7/1/2017.Reenacted without change by Laws, 2015, ch. 398, SB 2658, 4, eff. 7/1/2015.