All enterprises acquired, constructed or owned by any of said municipalities under the provisions of Sections 57-1-1 through 57-1-51, are declared the public property of each of said municipalities, and as such, shall not be subject to taxation.
Structure Mississippi Code
Title 57 - Planning, Research and Development
Chapter 1 - Mississippi Development Authority
§ 57-1-1. Declaration of public policy
§ 57-1-3. Mississippi Development Authority seal
§ 57-1-7. Department motor vehicle insurance
§ 57-1-11. Rules and regulations
§ 57-1-13. Plans for advertising and developing state
§ 57-1-15. Interstate and federal cooperation; Economic Development Fund
§ 57-1-17. Publicity and advertising; research laboratory
§ 57-1-19. Municipal enterprises; certificate of public convenience and necessity
§ 57-1-21. Municipal enterprises; issuance of certificate
§ 57-1-25. Municipal enterprises; election
§ 57-1-27. Bonds and certain contracts subject to approval of executive director
§ 57-1-29. Issuance of municipal bonds; form; terms; tax levy
§ 57-1-31. Compensation of attorneys employed in issuance of bonds
§ 57-1-33. Duties of executive director as to issuance of bonds
§ 57-1-37. Issuance of additional bonds by municipality
§ 57-1-39. Exemption from taxation of bonds
§ 57-1-41. Investment of surplus sinking funds in bonds
§ 57-1-43. Payment and retirement of bonds; use of surplus income
§ 57-1-45. Sale, lease, etc., of municipal enterprises
§ 57-1-47. Municipal enterprises exempt from taxation
§ 57-1-49. Assistance by port authorities
§ 57-1-51. Construction of Sections 57-1-1 through 57-1-51
§ 57-1-56. Occupational Information Coordinating Committee
§ 57-1-57. Study to determine existence of disparity in number of qualified minority contractors
§ 57-1-59. General powers and duties of Mississippi Development Authority with respect to tourism
§ 57-1-60. Grants to finance, promote and advertise local tourist attractions
§ 57-1-65. General powers and duties with respect to marketing
§ 57-1-67. Planning and development district offices and directors
§ 57-1-68. Program of grants to finance and promote local economic development