The corporate purpose of the authority is to encourage and promote the fullest possible use of energy by all of the inhabitants of the state by rendering service to said inhabitants, to whom energy is not available or, in the opinion of the board, is not available at reasonable rates.
Structure Mississippi Code
Title 77 - Public Utilities and Carriers
Article 1 - Mississippi Rural Electrification Authority
§ 77-5-5. Mississippi Rural Electrification Authority created
§ 77-5-7. Board of directors of authority
§ 77-5-9. Number, appointment, removal and terms of board of directors
§ 77-5-11. Organization of board; officers
§ 77-5-13. Compensation of members of board
§ 77-5-15. Members of board shall not hold full time state office
§ 77-5-19. Corporate purpose of the authority
§ 77-5-21. General grant of powers to authority
§ 77-5-23. Grant of specific powers to authority
§ 77-5-25. Operations outside of state authorized
§ 77-5-27. Issuance of bonds by authority
§ 77-5-31. Bonds of authority not debts of state
§ 77-5-33. Rates, fees and charges; application thereof
§ 77-5-35. Pledge of state to bondholders that it will not impair rate-making power of authority
§ 77-5-39. Rights and remedies of bondholders
§ 77-5-41. Moneys of the authority
§ 77-5-43. Assets of authority shall pass to state upon cessation of authority's existence