Miss. Const. art. 14, § 258
- Constitution
- Constitution of Mississippi
- Text as of
- October 2026
What does this section say?
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. SOURCES: 1832 art VII §9; 1869 art XII §5 and amendment 1.
The text is copied from the official source: www.sos.state.ms.us. This is the stored text for research. It is not legal advice; check the official source before you rely on it.