All associations or corporations formed and operating under this article are hereby authorized and empowered to construct electric lines on and over all of those lands matured in the State of Mississippi through tax sale, and also on and over unimproved sixteenth sections, and lands granted in lieu of sixteenth sections.
The right and power to construct and maintain said lines shall be during the existence of said corporation or association, and without payment to the state for said easement.
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