All notes issued hereunder and all interest thereon and income therefrom shall be exempt from all taxation except gift, transfer and inheritance taxes.
Structure Mississippi Code
Title 31 - Public Business, Bonds and Obligations
Chapter 17 - State Bonds; Retirement of Bonds
State Bond Commission; Notes to Maintain Working Balance in General Fund
§ 31-17-101. State Bond Commission; members; delegation of powers and duties; adoption of rules
§ 31-17-107. Full faith and credit of state pledged on notes
§ 31-17-111. Commission to fix terms and details of notes and provide for issuance
§ 31-17-113. Use of proceeds limited to purposes provided
§ 31-17-117. Notes and interim certificates to be fully negotiable
§ 31-17-119. Taxation of notes, interest and income
§ 31-17-121. State treasurer to keep records of notes issued
§ 31-17-125. Authority to borrow money and funds
§ 31-17-127. Bonds for cost of Four-Lane Highway Program; Four-Lane Highway Trust Fund