The accomplishment of the purposes stated in this chapter being for the benefit of the people of this state and for the improvement of their properties and industries, the authority in carrying out the purposes of this chapter will be performing an essential public function, and the interest on the bonds issued hereunder shall at all times be free from taxation within this state.
Miss. Code Ann. § 65-13-47
Bond interest tax exempt
Known as the Highway and Street Revenue Bond Authority Law
The act spans §§ 65–65 (28 sections).
Codes, 1942, § 8368-22; Laws, 1966, ch. 603, § 22, eff from and after passage (approved June 17, 1966
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.