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2017 Mississippi Code
Title 77 - Public Utilities and Carriers
Chapter 5 - Electric Power
Article 1 - Mississippi Rural Electrification Authority
§ 77-5-43. Assets of authority shall pass to state upon cessation of authority's existence
Universal Citation: MS Code § 77-5-43 (2017)
In the event that the authority shall cease to exist, all of its assets remaining after all of its obligations and liabilities have been satisfied or discharged shall pass to and become the property of the state.
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