Unless otherwise provided by law, tax anticipation notes and reappraisal notes issued by the State of Mississippi or a county, municipality or political subdivision thereof and described in Sections 19-9-27, 19-13-17, 21-33-325, 21-33-325.1, 27-39-325, 37-29-101, 37-29-267, 37-29-425, 37-41-93, 37-59-37, 37-59-39, 37-59-41, 51-7-15, 51-7-27, 51-29-5 and 51-31-73, Mississippi Code of 1972, shall bear interest at a rate not to exceed eleven percent (11%) per annum.
Structure Mississippi Code
Title 75 - Regulation of Trade, Commerce and Investments
Chapter 17 - Interest, Finance Charges, and Other Charges
Maximum Interest Rates on Public Borrowing
§ 75-17-101. Maximum interest rate on general obligation and limited obligation tax bonds
§ 75-17-103. Maximum interest rate on revenue bonds
§ 75-17-105. Maximum interest rate on tax anticipation notes
§ 75-17-107. Maximum interest rate on interim financing in anticipation of confirmed grant or loan