Mississippi § 77-5-103 - Definitions.

§ 77-5-103. Definitions.

Unless the context otherwise requires: “Power district” or “district” means a power district organized under this article, either as originally organized or as the same may be from time to time altered or amended. “Municipality” means any incorporated city, incorporated town or incorporated village. “Governing body,” whenever used in relation to any municipality or county, means the body or board, by whatsoever name known, having charge of the governing of such municipality or county and shall be held to include the mayor or other chief executive officer of such municipality or county in any case wherein the concurrence or approval of such officer is required by the law governing such municipality or county for the adoption of any municipal or county ordinance or resolution or other municipal or county act provided for in this article. “Board of directors,” “directors” or “board” means the board of directors of a power district selected as provided in this article, duly constituted, organized and acting as a board. “Election unit” means an election district as provided for by Chapter 5 of Title 23, Mississippi Code of 1972. “Bonds” shall mean and include negotiable bonds, interim certificates or receipts, notes, debentures and all other evidences of indebtedness either issued or the payment thereof assumed by the authority. “Public utility” or “utility” means the plant, works, system, facilities or properties together with all parts thereof and appurtenances thereto, including contract rights, used and useful primarily for the production, transmission or distribution of electric energy to or for the public for any purpose.