Mississippi Const. art. 8, § 212

Mississippi Constitution

Article 8, § 212 — Interest rate on Chickasaw School Fund and other educational trust funds

Mississippi Const. art. 8, § 212 (Interest rate on Chickasaw School Fund and other educational trust funds) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

JurisdictionMississippi DocumentConstitution

Article8

Section§ 212

CitationMississippi Const. art. 8, § 212

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Miss. Const. art. 8, § 212.

Full Text

The rate of interest on the fund known as the “Chickasaw School Fund,” and other trust funds for educational purposes for which the State is responsible, shall be fixed, and remain as long as said funds are held by the State, at six per centum per annum from and after the close of the fiscal year A.D. 1891; and the distribution of said interest shall be made semi- annually, on the first of May and November of each year.

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The rate of interest on the fund known as the “Chickasaw School Fund,” and other trust funds for educational purposes for which the State is responsible, shall be fixed, and remain as long as said funds are held by the State, at six per centum per annum from and after the close of the fiscal year A.D. 1891; and the distribution of said interest shall be made semi- annually, on the first of May and November of each year.