Lease of facility to nonprofit corporation [Repealed effective July 1, 2036].

Miss. Code Ann. § 39-17-9
repealed
Sign in to generate a plain English summaryAsk Belisarius Agent
The Department of Finance and Administration may lease the Mississippi Sports Hall of Fame and Dizzy Dean Museum for a period not exceeding twenty (20) years to a nonprofit corporation whose primary purpose for incorporation is the support and improvement of the Mississippi Sports Hall of Fame and Dizzy Dean Museum. The lease may be renewed for one (1) period not exceeding twenty (20) years. The benefit to Mississippi from the operation of such lease or renewal lease shall be considered as sufficient consideration. The lease or renewal lease shall be executed for a nominal fee and it shall be presumed that such lease or renewal lease shall not amount to a donation of state property. This section shall stand repealed from and after July 1, 2036.

Starting a business in Mississippi? Mississippi LLC guide: costs and requirements

Miss. Code Ann. § 39-17-9 — Lease of facility to nonprofit corporation [Repealed effective July 1, 2036] | Mississippi Code Annotated | Corpus