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2018 Mississippi Code
Title 77 - Public Utilities and Carriers
Chapter 5 - Electric Power
Article 7 - Local Governmental Power Development Under Laws of 1934.
§ 77-5-311. Debt limitations are inapplicable.
Universal Citation: MS Code § 77-5-311 (2018)
No statutes fixing the maximum amount of indebtedness of the county or prohibiting the issuance of bonds, notes, or other evidences of indebtedness shall apply or operate to limit the amount of money to be borrowed under this article, and in computing the indebtedness of any county the money borrowed under the provisions of this article, and the credit obtained under the provisions of this article, shall not be included as an obligation or indebtedness of the county.
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