Mississippi Code
Chapter 8 - Joint Water Management Districts
§ 51-8-49. Tax exemption

The property and revenue of such district shall be exempt from all state, county and municipal taxation. Bonds issued pursuant to this chapter and the income therefrom shall be exempt from all state, county and municipal taxation, except inheritance, transfer and estate taxes, and it may be so stated on the face of said bonds.

Structure Mississippi Code

Mississippi Code

Title 51 - Waters, Water Resources, Water Districts, Drainage, and Flood Control

Chapter 8 - Joint Water Management Districts

§ 51-8-3. Purpose of district

§ 51-8-5. Local government resolutions; contents

§ 51-8-7. Public hearings

§ 51-8-9. Findings required

§ 51-8-11. Publication of findings; petition for election

§ 51-8-13. Adoption of resolution creating district

§ 51-8-15. Payment of costs

§ 51-8-17. Appeals from local government findings

§ 51-8-19. District to be public corporation in perpetuity

§ 51-8-21. Board of commissioners; membership; authority; withdrawal of district member

§ 51-8-23. Officers of board; duties; terms; official seal

§ 51-8-25. Commissioners; qualifications; oath; compensation; meetings

§ 51-8-27. Rules and regulations of board

§ 51-8-29. Powers of district, generally

§ 51-8-31. Enumerated powers

§ 51-8-33. Powers of eminent domain

§ 51-8-39. Sale of bonds; interest rates; refunds; validation

§ 51-8-41. Creation and enforcement of lien; appointment of receiver

§ 51-8-45. Funds for debt service for special improvement bonds

§ 51-8-47. Rates, fees, tolls, and charges; penalties for nonpayment

§ 51-8-49. Tax exemption

§ 51-8-51. Construction contracts

§ 51-8-53. Annexation of adjacent area; services within annexed territory

§ 51-8-55. Agreements with state or federal government

§ 51-8-57. Applicability of municipal standards

§ 51-8-59. Additional statutory authority not required

§ 51-8-61. Publication and filing of annual statement; contents