There is a newer version of the Mississippi Code
2016 Mississippi Code
Title 51 - Waters, Water Resources, Water Districts, Drainage, and Flood Control
Chapter 31 - Drainage Districts With County Commissioners
§ 51-31-113. Interest rate of additional bonds
MS Code § 51-31-113 (2016) What's This?
The bonds, notes, or other objects of indebtedness issued under the provisions of Section 51-31-111 shall bear interest not exceeding 6% per annum and shall be non-taxable.
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