Mississippi § 27-31-36 - Railroad property owned by limited liability company or other entity wholly owned by railroad authority exempt from ad valorem taxation.
Full text of Mississippi Mississippi Code of 1972 Annotated § 27-31-36 — Railroad property owned by limited liability company or other entity wholly owned by railroad authority exempt from ad valorem taxation., with citation guidance and answers to common questions.
§ 27-31-36. Railroad property owned by limited liability company or other entity wholly owned by railroad authority exempt from ad valorem taxation.
All railroad properties and facilities in this state owned by a limited liability company or other entity that is wholly owned by a railroad authority created under Section 19-29-1 et seq., shall be exempt from ad valorem taxation to the same extent as property belonging to such a railroad authority. For the purposes of this section, the term “railroad properties and facilities” means and has the same definition as that term has in Section 19-29-5.
Source: official Mississippi text · Last verified 2026-08-27
Frequently Asked Questions About Mississippi § 27-31-36
What does Mississippi Code of 1972 Annotated § 27-31-36 cover?
Section 27-31-36 ("Railroad property owned by limited liability company or other entity wholly owned by railroad authority exempt from ad valorem taxation.") is part of the Mississippi Code of 1972 Annotated, the codified statutory law of Mississippi. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Mississippi § 27-31-36?
A common citation format is "Mississippi Code of 1972 Annotated § 27-31-36" (Mississippi). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Mississippi law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Mississippi official source linked on this page or consult a licensed Mississippi attorney.
How does Mississippi § 27-31-36 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Mississippi can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Mississippi.