SEC. 51-23-47. Overflow of school lands not to constitute waste.

It is hereby declared as a matter of legislative determination that the reasonable and necessary overflow and inundation of sixteenth section lands or lieu lands shall not constitute legal waste of such lands. The district shall pay a reasonable rental for the use of such lands to be overflowed, and the damages thereof shall be determined by the chancery court of the county in which the land is located. Any sixteenth section lands that have been flooded shall be reforested before this project shall ever be abandoned.

SOURCES: Codes, 1942, Sec. 5956-366; Laws, 1966, Ex. Sess., ch. 49, Sec. 16, eff from and after passage (approved January 5, 1967).

1997 Amendment

 SECTION 8. Sections 51-23-19, 51-23-21, 51-23-23, 51-23-25, 51-23-27, 51-23-29, 51-23-31, 51-23-33, 51-23-35, 51-23-37, 51-23-39, 51-23-41, 51-23-43, 51-23-45, 51-23-47 and 51-23-49, Mississippi Code of 1972, which place certain requirements on the issuance of construction contracts, authorize the district to provide park and recreation facilities, authorize the board of directors to adopt rules and regulations and to designate depositories for district funds, authorize the board of directors to issue bonds and notes, provide for a limitation on the amount on and for validation of bonds and notes, authorize the board of directors to enter into trust agreements and to issue refunding bonds, declare bonds as legal investments, provide for certain agreements, cooperation with other government agencies and severability, exempt the district and its bonds from taxation and provide the intent of the Legislature regarding overflow of school lands, are repealed.

SOURCE: 1997 Laws, Chapter 403, Sec. 8, SB2937, Effective July 1, 1997.