All property acquired or held by the authority under this act is declared to be public property used for public and governmental purposes, and all property, income therefrom and bonds issued under this act, interest payable thereon and income derived therefrom, shall at all times be exempt from all taxes imposed by the state, any county, any municipality or any other political subdivision of the state. Upon dissolution of the authority, all assets thereof, after payment of all its indebtedness, shall inure to the benefit of the state.
Miss. Code Ann. § 41-73-67
Property of authority as public property; tax exemption; assets to go to state upon dissolution of authority
Known as the Mississippi Hospital Equipment and Facilities Authority Act
The act spans §§ 41–41 (38 sections).
Laws, 1983, ch. 493, § 34; Laws, 1986, ch. 392, § 14, eff from and after July 1, 1986.
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.