Bonds issued under the provisions of Sections 57-44-11 through 57-44-39 and income therefrom shall be exempt from all taxation in the State of Mississippi.
Structure Mississippi Code
Title 57 - Planning, Research and Development
Chapter 44 - Local Governments Freight Rail Service Projects
§ 57-44-1. Legislative findings and declaration of purpose
§ 57-44-5. Establishment of local governments freight rail service revolving loan program
§ 57-44-9. General powers and duties of Department of Economic and Community Development
§ 57-44-13. Interest rates, maturity, and form of bonds
§ 57-44-15. Execution of bonds and interest coupons
§ 57-44-21. Payment of principal and interest on bonds
§ 57-44-23. Disposition of proceeds from sale of bonds
§ 57-44-27. Validation of bonds
§ 57-44-29. Enforcement of rights of holders of bonds or coupons
§ 57-44-31. Bonds deemed legal investments and securities
§ 57-44-33. Exemption from taxation of bonds