Mississippi § 75-17-107 - Maximum interest rate on interim financing in anticipation of confirmed grant or loan.
Full text of Mississippi Mississippi Code of 1972 Annotated § 75-17-107 — Maximum interest rate on interim financing in anticipation of confirmed grant or loan., with citation guidance and answers to common questions.
§ 75-17-107. Maximum interest rate on interim financing in anticipation of confirmed grant or loan.
Unless otherwise provided by law, interim financing in anticipation of a confirmed grant or loan by the State of Mississippi or a county, municipality or political subdivision thereof and described in Sections 19-9-28 and 21-33-326, Mississippi Code of 1972, shall bear interest at a rate not to exceed nine percent (9%) per annum.
Source: official Mississippi text · Last verified 2026-08-27
Frequently Asked Questions About Mississippi § 75-17-107
What does Mississippi Code of 1972 Annotated § 75-17-107 cover?
Section 75-17-107 ("Maximum interest rate on interim financing in anticipation of confirmed grant or loan.") 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 § 75-17-107?
A common citation format is "Mississippi Code of 1972 Annotated § 75-17-107" (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 § 75-17-107 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.