Mississippi § 77-5-761 - Tax exempt status; interest in project owned by municipality or joint agency.
Full text of Mississippi Mississippi Code of 1972 Annotated § 77-5-761 — Tax exempt status; interest in project owned by municipality or joint agency., with citation guidance and answers to common questions.
§ 77-5-761. Tax exempt status; interest in project owned by municipality or joint agency.
Any interest in a project owned by a municipality or owned by a joint agency shall be exempt from all state, county and local ad valorem or other property taxes. The purchase, exchange or interchange of capacity, transmission, or electric power and energy for resale by any municipality or joint agency under this article shall not be subject to sales, use or other tax. The sale of any electric power or energy from any project to any municipality shall not be subject to sales, use or other tax.
Source: official Mississippi text · Last verified 2026-08-27
Frequently Asked Questions About Mississippi § 77-5-761
What does Mississippi Code of 1972 Annotated § 77-5-761 cover?
Section 77-5-761 ("Tax exempt status; interest in project owned by municipality or joint agency.") 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 § 77-5-761?
A common citation format is "Mississippi Code of 1972 Annotated § 77-5-761" (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 § 77-5-761 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.