All money received by a political subdivision pursuant to Section 27-37-9 or 27-37-11 shall be deposited in such fund or funds as may be designated in the agreement; provided, however, that if the agreement does not make such designation, the money shall be deposited in such fund or funds as the governing body of such political subdivision shall direct by appropriate resolution.
Structure Mississippi Code
Title 27 - Taxation and Finance
Chapter 37 - Ad Valorem Taxes-Payments in Lieu of Taxes
§ 27-37-3. Payments in lieu of taxes; agreements with United States
§ 27-37-5. Agreement; notice to subdivisions
§ 27-37-7. Statement by county auditor; receipt
§ 27-37-9. Apportionment of funds
§ 27-37-11. Requests for payments by subdivisions
§ 27-37-17. Duties of subdivisions regarding provision of services
§ 27-37-19. Tax commission to prepare roll of federal lands
§ 27-37-21. Duty of assessor; valuation of lands
§ 27-37-23. Roll; copies to counties; revision
§ 27-37-25. Roll; comparison and entry on county roll
§ 27-37-27. Roll; years when land not assessed
§ 27-37-29. Tax commission to request payment; other powers
§ 27-37-31. Agreements to be filed with treasurer; credit of funds