{"data":{"id":"us-ms/miss.-code-ann.-17-17-125","jurisdiction":"us-ms","citation":"Miss. Code Ann. § 17-17-125","heading":"Miss. Code Ann. § 17-17-125","body":"Every agreement under either subsection (d) or (e) of Section 17-17-105 shall contain a covenant obligating the industry to effect the completion of the project if the proceeds of the bonds, including parity completion bonds, if any, prove insufficient, and each such lease/sale shall obligate the industry to make payments which shall be sufficient to:\n\n(a) Pay the principal of and interest on the bonds issued for the project;\n\n(b) Build and maintain any reserves deemed by the governing board to be advisable in connection therewith;\n\n(c) Pay the costs of maintaining the project in good repair and the cost of keeping it properly insured;\n\n(d) Provide proper, sufficient and adequate insurance to cover potential liability that could arise from project operation; and\n\n(e) Provide detailed plans to guarantee an environmentally sound operation and post-closure management of a project.","path":["MS Code","Title 17"],"source_url":"https://legislature.ms.gov/","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:17Z","sha256":"570003d554d38f0ca892b21f33e128244ee7f276e1929eaeb5371c1d5263a1fb","source_id":"us-ms","stale":false,"prev":"us-ms/miss.-code-ann.-17-17-123","next":"us-ms/miss.-code-ann.-17-17-127"},"notice":"GroundRules: Original legal text. Not legal advice."}