2006 Regular Session
To: Local and Private Legislation
By: Representative Baker (74th), Malone, Moore, Reeves, Rogers (61st), Rotenberry, Smith (59th), Weathersby
AN ACT TO AUTHORIZE THE BOARD OF COMMISSIONERS OF THE V LAKES UTILITY DISTRICT TO PETITION FOR RELIEF FROM DEBTS AND FINANCIAL OBLIGATIONS OF THE DISTRICT UNDER CHAPTER 9 OF TITLE 11, UNITED STATES CODE; AND FOR RELATED PURPOSES.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI:
SECTION 1. The Board of Commissioners of the V Lakes Utility District, a water utility district located in Rankin County and created by the Board of Supervisors of Rankin County by virtue of the authority granted under Sections 19-5-151 through 19-5-207, Mississippi Code of 1972, is authorized, in its discretion, to petition for relief from debts and financial obligations of the district under Chapter 9 of Title 11, United States Code, and to take any actions that the board of commissioners determines may be necessary for such purposes.
SECTION 2. This act shall take effect and be in force from and after its passage.