Mississippi § 51-8-47 - Rates, fees, tolls, and charges; penalties for nonpayment.
Full text of Mississippi Mississippi Code of 1972 Annotated § 51-8-47 — Rates, fees, tolls, and charges; penalties for nonpayment., with citation guidance and answers to common questions.
§ 51-8-47. Rates, fees, tolls, and charges; penalties for nonpayment.
The board of commissioners of the district issuing bonds pursuant to this chapter shall prescribe and collect reasonable rates, fees, tolls or charges for the services, facilities and commodities of its system or systems; shall prescribe penalties for the nonpayment thereof; and shall revise such rates, fees, tolls or charges from time to time whenever necessary to insure the economic operation of such system or systems. The rates, fees, tolls or charges prescribed shall be, as nearly as possible, such as will always produce revenue at least sufficient to: Provide for all expenses of operation and maintenance of the system or systems, including reserves therefor; Pay when due all bonds and interest thereon for the payment of which such revenues are or shall have been pledged, charged or otherwise encumbered, including reserves therefor; and Provide funds for reasonable expansions, extensions and improvements of services.
Source: official Mississippi text · Last verified 2026-08-27
Frequently Asked Questions About Mississippi § 51-8-47
What does Mississippi Code of 1972 Annotated § 51-8-47 cover?
Section 51-8-47 ("Rates, fees, tolls, and charges; penalties for nonpayment.") 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 § 51-8-47?
A common citation format is "Mississippi Code of 1972 Annotated § 51-8-47" (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 § 51-8-47 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.