When any person contracts to sell or lease any property or interest in property, real or personal, under circumstances which require the approval or licensing of the purchaser or lessee by the commission, the contract must contain a provision satisfactory to the commission regarding responsibility for the payment of any fees or taxes due pursuant to any subsequent deficiency determinations made under this chapter which encompass any period of time before the closing date of the transaction.
Miss. Code Ann. § 75-76-143
Provision regarding responsibility for fees and taxes required in certain contracts
Known as the Mississippi Gaming Control Act
The act spans §§ 75–75 (152 sections).
Laws, 1990 Ex Sess, ch. 45, § 72, eff from and after passage (approved June 29, 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.