All enterprises acquired, constructed or owned by any of said municipalities under the provisions of Sections 57-1-1 through 57-1-51, are declared the public property of each of said municipalities, and as such, shall not be subject to taxation.
Miss. Code Ann. § 57-1-47
Municipal enterprises exempt from taxation
Codes, 1942, § 8936-21; Laws, 1944, ch. 241, § 20, eff on and after July 1, 1944.
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.