Miss. Code § 79-7-5

Current through the 2024 Regular Session

Section 79-7-5 - Notes, etc., exempted from ad valorem taxes

All notes or other evidences of indebtedness held by any small business investment company incorporated in this state bearing a rate of interest which is not usurious under the laws of this state shall be exempt from all ad valorem taxes.

Miss. Code § 79-7-5

Codes, 1942, § 5359-53; Laws, 1960, ch. 183, § 3, eff. 4/30/1960.