Mississippi § 57-41-13 - Exemption from taxation of notes; limitations on exemption of industrial enterprises from taxation.
Full text of Mississippi Mississippi Code of 1972 Annotated § 57-41-13 — Exemption from taxation of notes; limitations on exemption of industrial enterprises from taxation., with citation guidance and answers to common questions.
§ 57-41-13. Exemption from taxation of notes; limitations on exemption of industrial enterprises from taxation.
The notes authorized by this chapter and the income therefrom shall be exempt from all taxation in the State of Mississippi, and the revenue derived by the issuer from the project shall be exempt from all taxation in the State of Mississippi. Any industrial enterprise shall not be exempt from ad valorem taxes on the project, except as is otherwise provided in Section 27-31-101 et seq., Mississippi Code of 1972, nor shall purchases required to establish projects and financed by note proceeds be exempt from taxation in the State of Mississippi.
Source: official Mississippi text · Last verified 2026-08-27
Frequently Asked Questions About Mississippi § 57-41-13
What does Mississippi Code of 1972 Annotated § 57-41-13 cover?
Section 57-41-13 ("Exemption from taxation of notes; limitations on exemption of industrial enterprises from 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 § 57-41-13?
A common citation format is "Mississippi Code of 1972 Annotated § 57-41-13" (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 § 57-41-13 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.