Miss. Code Ann. § 27-35-4

Rates of assessment

Applied in 3 court decisions — leading case 544 So. 2d 1356 - Rebelwood, Ltd. v. Hinds County (1989)

Most recently applied in 768 So. 2d 870 - Thomas Truck Lease, Inc. v. Lee County (November 2000)

Laws, 1984, ch. 355, § 1; Laws, 1986, ch. 447, eff from and after June 19, 1986

How often courts cite this section

citing decisions per year

Court decisions citing this, by year. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.

(1) All Class I property, as defined in Section 112, Mississippi Constitution of 1890, shall be assessed at the rate of ten percent (10%) of true value.

(2) All Class II property and Class III property, as defined in Section 112, Mississippi Constitution of 1890, shall be assessed at the rate of fifteen percent (15%) of true value.

(3) All Class IV property and Class V property, as defined in Section 112, Mississippi Constitution of 1890, shall be assessed at the rate of thirty percent (30%) of true value.

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.