AN ACT TO AMEND SECTION 29-3-63, MISSISSIPPI CODE OF 1972, TO AUTHORIZE A LOCAL SCHOOL BOARD OF A CERTAIN SCHOOL DISTRICT TO EXTEND THE LONG-TERM LEASE OF A HOLDER OF 16TH SECTION LAND, WHICH IS FREE OF ANY OUTSTANDING FINANCIAL OBLIGATION WITH LESS THAN 30 YEARS REMAINING ON THE ORIGINAL TERM, FOR AN ADDITIONAL PERIOD NOT TO EXCEED 25 YEARS UPON TERMS AND CONDITIONS ACCEPTABLE TO THE BOARD; AND FOR RELATED PURPOSES.

Statutes affected:
As Introduced: 29-3-63
As Passed by the House: 29-3-63