Mississippi § 51-33-85 - Compromise of assessments between landowners and bondholders.
Full text of Mississippi Mississippi Code of 1972 Annotated § 51-33-85 — Compromise of assessments between landowners and bondholders., with citation guidance and answers to common questions.
§ 51-33-85. Compromise of assessments between landowners and bondholders.
It shall be permissible for the landowner and the bond and judgment holders of such bonds as may be adjudicated a lien on unpaid assessed benefits to agree, in writing signed by them and filed with the receiver, to compromise and settle the amount assessed and fixed as a lien on any particular tract of land for such sum as they may agree on. In such event the receiver shall, upon the landowner paying to him the agreed sum, issue to the landowner a receipt for the amount so agreed in full satisfaction of such lien; and such receipt may be recorded by the chancery clerk when signed and acknowledged by the receiver. The bond and judgment holders of such bonds as may be adjudicated a lien on unpaid assessed benefits may act by a common agency appointed by them for this purpose, which appointment shall be in writing and duly acknowledged and recorded in the land deed records of such county.
Source: official Mississippi text · Last verified 2026-08-27
Frequently Asked Questions About Mississippi § 51-33-85
What does Mississippi Code of 1972 Annotated § 51-33-85 cover?
Section 51-33-85 ("Compromise of assessments between landowners and bondholders.") 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 § 51-33-85?
A common citation format is "Mississippi Code of 1972 Annotated § 51-33-85" (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 § 51-33-85 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.