35 Miss. Code R. § 8-02-02-300
Current through June 25, 2024
A school district's royalty interest in sixteenth section land is exempt from gas severance. Gas producers or purchasers will report total cubic feet of gas produced or purchased on sixteenth section land and use code 8 on the return to exempt the school district's royalty interests from the total produced or purchased.
35 Miss. Code. R. § 8-02-02-300