Each project, all the water authority's interest therein, and all income from the project, is determined and declared by the Legislature to be public property used exclusively for a public purpose and shall be exempt from ad valorem taxation by all taxing authorities.
Structure Mississippi Code
Title 51 - Waters, Water Resources, Water Districts, Drainage, and Flood Control
Chapter 41 - Public Water Authorities
§ 51-41-7. Authority generally
§ 51-41-11. Existence of water authority
§ 51-41-19. Tax exemption of projects
§ 51-41-23. Execution of bonds
§ 51-41-25. Security for bonds