Mississippi Const. art. 14, § 258

Mississippi Constitution

Article 14, § 258 — Credit of State

This text of Mississippi Const. art. 14, § 258 (Credit of State) is published on Counsel Stack Legal Research, covering Mississippi primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

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Section§ 258

CitationMississippi Const. art. 14, § 258

Bluebook

Miss. Const. art. 14, § 258.

Full Text

The credit of the State shall not be pledged or loaned in aid of any person, association, or corporation; and the State shall not become a stockholder in any corporation or association, nor assume, redeem, secure, or pay any indebtedness or pretended indebtedness alleged to be due by the State of Mississippi to any person, association, or corporation whatsoever, claiming the same as owners, holders, or assignees of any bond or bonds, now generally known as “Union Bank” bonds and “Planters Bank” bonds.

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The credit of the State shall not be pledged or loaned in aid of any person, association, or corporation; and the State shall not become a stockholder in any corporation or association, nor assume, redeem, secure, or pay any indebtedness or pretended indebtedness alleged to be due by the State of Mississippi to any person, association, or corporation whatsoever, claiming the same as owners, holders, or assignees of any bond or bonds, now generally known as “Union Bank” bonds and “Planters Bank” bonds.

History

SOURCES: 1832 art VII § 9; 1869 art XII § 5 and amendment 1.

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Bluebook (online)

Mississippi Const. art. 14, § 258, Counsel Stack Legal Research, https://law.counselstack.com/constitution/ms/14/258.