When the particular bonds issued for the projects to be constructed under this chapter and the interest thereon shall have been paid, or a sufficient amount shall have been provided for their payment and shall continue to be held for that purpose, and upon acceptance of the responsibility for operation and maintenance of the project by an agency of government legally authorized to do so, the authority shall cease to charge tolls or levy assessments for use of the project or projects, and thereafter the use of such projects shall be free.
Structure Mississippi Code
Title 65 - Highways, Bridges and Ferries
Chapter 13 - Highway and Street Revenue Bond Authority
§ 65-13-5. Legislative determination
§ 65-13-9. Certain governmental bodies empowered to create or join authority
§ 65-13-11. Petition for creation of authority
§ 65-13-13. Notice of public hearing on petition
§ 65-13-15. Finding of public convenience and necessity
§ 65-13-17. Publication of resolution declaring intent to create authority
§ 65-13-19. Protest petition and election
§ 65-13-23. Appeals to circuit court
§ 65-13-29. Compensation of trustees
§ 65-13-31. Powers of the authority
§ 65-13-33. Authority to issue bonds
§ 65-13-35. Security for bonds
§ 65-13-37. General provisions for bonds
§ 65-13-39. Validation of bonds
§ 65-13-41. Bonds as legal investments for public funds
§ 65-13-43. Levy of assessments in lieu of tolls
§ 65-13-45. Authority may act jointly with other governmental bodies
§ 65-13-47. Bond interest tax exempt
§ 65-13-49. Construction contracts
§ 65-13-51. Designation of depository
§ 65-13-53. Cessation of tolls or assessments
§ 65-13-55. Authority's procedures to conform to constitutions