Mississippi Const. art. 4, § 100

Mississippi Constitution

Article 4, § 100 — Release of obligation or liability owed to State or political subdivision

Mississippi Const. art. 4, § 100 (Release of obligation or liability owed to State or political subdivision) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

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CitationMississippi Const. art. 4, § 100

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Miss. Const. art. 4, § 100.

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No obligation or liability of any person, association, or corporation held or owned by this state, or levee board, or any county, city, or town thereof, shall ever be remitted, released or postponed, or in any way diminished by the Legislature, nor shall such liability or obligation be extinguished except by payment thereof into the proper treasury; nor shall such liability or obligation be exchanged or transferred except upon payment of its face value; but this shall not be construed to prevent the Legislature from providing by general law for the compromise of doubtful claims.

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No obligation or liability of any person, association, or corporation held or owned by this state, or levee board, or any county, city, or town thereof, shall ever be remitted, released or postponed, or in any way diminished by the Legislature, nor shall such liability or obligation be extinguished except by payment thereof into the proper treasury; nor shall such liability or obligation be exchanged or transferred except upon payment of its face value; but this shall not be construed to prevent the Legislature from providing by general law for the compromise of doubtful claims.