There is a newer version of the Mississippi Code
2016 Mississippi Code
Title 27 - Taxation and Finance
Chapter 37 - Ad Valorem Taxes--Payments in Lieu of Taxes
Article 1 - Federal Lands
§ 27-37-13. Deposit of funds
MS Code § 27-37-13 (2016) What's This?
All money received by a political subdivision pursuant to Section 27-37-9 or 27-37-11 shall be deposited in such fund or funds as may be designated in the agreement; provided, however, that if the agreement does not make such designation, the money shall be deposited in such fund or funds as the governing body of such political subdivision shall direct by appropriate resolution.
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