As Amended
SEC. 29-1-55. Sale of tax; forfeited timber.
Where timber standing on lands is assessed to persons other than those owning the fee title to the lands, and the taxes thereon are not paid and such timber is sold to the state for nonpayment of taxes, the land commissioner may sell and dispose of such timber rights in the same manner as he may sell and dispose of tax-forfeited lands, and the proceeds received by said land commissioner for the sale thereof shall be divided between the state, county, levee board, and drainage district as provided by law for the disposition of the proceeds derived from the sale of tax-forfeited lands. The owner in fee of lands may purchase from the state any tax-forfeited timber rights on lands owned by him in fee, regardless of the amount of lands that he may own.
SOURCES: Codes, 1942, Sec. 4131; Laws, 1942, ch. 235.
1997 Amendment:
SECTION 2. Section 29-1-55, Mississippi Code of 1972, is amended as follows:
29-1-55. Where timber standing on lands is assessed to persons other than those owning the fee title to the lands, and the taxes thereon are not paid and such timber is sold to the state for nonpayment of taxes, the Secretary of State may sell and dispose of such timber rights in the same manner as he may sell and dispose of tax-forfeited lands, and the proceeds received by said Secretary of State for the sale thereof shall be divided between the state, county, levee board, and drainage district as provided by law for the disposition of the proceeds derived from the sale of tax-forfeited lands. The owner in fee of lands may purchase from the state any tax-forfeited timber rights on lands owned by him in fee, regardless of the amount of lands that he may own. The provisions of Section 1 of this act shall not apply to land acquired by the state under this section.
SOURCE: 1997 Laws, Chapter 412, Sec. 2, Effective March 24, 1997.