Mississippi § 69-2-17 - Repayment of interest loans from Emerging Crops Fund.
Full text of Mississippi Mississippi Code of 1972 Annotated § 69-2-17 — Repayment of interest loans from Emerging Crops Fund., with citation guidance and answers to common questions.
§ 69-2-17. Repayment of interest loans from Emerging Crops Fund.
Repayment of the interest loan from the fund shall be deferred for a period of time not more than five (5) years or the time when the emerging crop should reach maturity. The schedule for repayment of the interest loan shall be a period of time equal to two (2) times the period that interest is paid on the loan for that emerging crop from the fund. No interest shall be charged on interest loans from the fund, and only the amount actually loaned from the fund shall be required to be repaid. Repayment of interest loans from the fund shall be made to the lender, which shall remit the amounts collected to the department for deposit into the fund. However, if the repayment period for an interest loan exceeds the time for repayment of the principal loan amount to the lender, when the final principal payment is made to the lender all subsequent interest loan payments shall be made by the farmer, directly to the department to be deposited into the fund. The lender shall notify the department, as soon as possible, of any change in the principal loan status, release of collateral or any other matter that may adversely affect the security of the state’s loan.
Source: official Mississippi text · Last verified 2026-08-27
Frequently Asked Questions About Mississippi § 69-2-17
What does Mississippi Code of 1972 Annotated § 69-2-17 cover?
Section 69-2-17 ("Repayment of interest loans from Emerging Crops Fund.") 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 § 69-2-17?
A common citation format is "Mississippi Code of 1972 Annotated § 69-2-17" (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 § 69-2-17 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.