Mississippi § 57-71-13 - Lending guidelines, rules and regulations; identifying eligible projects; requirement of job creation; purchases exempt from taxation.
Full text of Mississippi Mississippi Code of 1972 Annotated § 57-71-13 — Lending guidelines, rules and regulations; identifying eligible projects; requirement of job creation; purchases exempt from taxation., with citation guidance and answers to common questions.
§ 57-71-13. Lending guidelines, rules and regulations; identifying eligible projects; requirement of job creation; purchases exempt from taxation.
The Mississippi Business Finance Corporation shall promulgate lending guidelines, rules and regulations as may be necessary to carry out the provisions of this act. The Mississippi Business Finance Corporation may work closely with the planning and development districts in identifying eligible projects and making the program available in all areas of the state. As part of the lending criteria, the Mississippi Business Finance Corporation must receive a commitment that the proposed project will create a minimum of ten (10) net new full-time equivalent jobs. Notwithstanding the provisions of Section 27-65-101(1), Mississippi Code of 1972, and other applicable laws, all purchases required to establish any project and financed by proceeds from bonds issued under this act shall be exempt from all taxation in the State of Mississippi except the contractors’ tax imposed by Sections 27-65-21 and 27-65-24(1)(b).
Source: official Mississippi text · Last verified 2026-08-27
Frequently Asked Questions About Mississippi § 57-71-13
What does Mississippi Code of 1972 Annotated § 57-71-13 cover?
Section 57-71-13 ("Lending guidelines, rules and regulations; identifying eligible projects; requirement of job creation; purchases exempt 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 § 57-71-13?
A common citation format is "Mississippi Code of 1972 Annotated § 57-71-13" (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 § 57-71-13 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.