The Soil and Water Conservation Commission shall retain title to each piece of heavy or specialized machinery or equipment so purchased and made available to any soil and water conservation district until such time as the district fully amortizes the commission’s investment in such machinery or equipment. After the commission’s investment in such machinery or equipment has been fully amortized, it is authorized and empowered to transfer the title thereto to the district.
Miss. Code Ann. § 69-27-333
Commission to retain title to machinery and equipment
Laws, 1990, ch. 499, § 2, eff from and after July 1, 1990.
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.