No statutes fixing the maximum amount of indebtedness of the county or prohibiting the issuance of bonds, notes, or other evidences of indebtedness shall apply or operate to limit the amount of money to be borrowed under this article, and in computing the indebtedness of any county the money borrowed under the provisions of this article, and the credit obtained under the provisions of this article, shall not be included as an obligation or indebtedness of the county.
Structure Mississippi Code
Title 77 - Public Utilities and Carriers
Article 7 - Local Governmental Power Development Under Laws of 1934
§ 77-5-301. Counties may engage in power development
§ 77-5-303. Intergovernmental cooperation
§ 77-5-305. Ordinance of intention; notice; election
§ 77-5-307. Activities must be self-sustaining
§ 77-5-309. Exercise of power of eminent domain
§ 77-5-311. Debt limitations are inapplicable
§ 77-5-313. Provisions of this article shall be applicable to municipalities as well as counties