The exemption granted shall apply to assessments made for the year 1974 and subsequent years. The right to the exemption shall be determined according to the facts existing on January 1, 1974, and on January 1 of each year thereafter, but shall not be effective in any year unless an application has been made therefor, and the exemption has been granted, or allowed, as hereinafter provided.
Miss. Code Ann. § 27-33-7
Application of exemption; determination of right to exemption
Codes, 1942, § 9716; Laws, 1940, ch. 127; Laws, 1946, ch. 261, § 3; Laws, 1975, ch. 457, § 3; Laws, 1991, ch. 390, § 1, eff from and after July 1, 1991.
Current official text: Mississippi Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Mississippi statutes; confirm against the official source for the current text. Not legal advice.