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MISSISSIPPI STATUTES AND CODES
27-21-5 - Schedule of tax.
§ 27-21-5. Schedule of tax.
The rate by which the amount of the tax hereby levied shall be one-fourth of one per centum of the total amount of indebtedness secured by tangible property located in the State of Mississippi.
Sources: Codes, 1942, § 9342; Laws, 1940, ch. 110; Laws, 1950, ch. 541, § 2; Laws, 1994, ch. 497, § 2, eff from and after May 31, 1994.
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