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2018 Mississippi Code
Title 59 - Ports, Harbors, Landings and Watercraft
Chapter 17 - State Inland Ports
§ 59-17-21. Contract with master water management district to underwrite financial obligations for project.
Universal Citation: MS Code § 59-17-21 (2018)
In the event no three (3) counties shall contract on the basis provided for in Section 59-17-19, then any master water management district may be considered an authorized agency and may enter into a contract with the board whereby they must agree to underwrite any deficits incurred from the operation of the port and/or obligations incurred by the board for the port authority. The board will contract with a master water management district only after they have been convinced that adequate security has been furnished the board to protect the state’s investment.
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