reglab/housing_qa huggingface dataset:
MS Code § 77-3-113 (2020)
2020 Mississippi Code|Title 77 - Public Utilities and Carriers|Chapter 3 - Regulation of Public Utilities|Article 2 - Alternate Method of Cost Recovery on Certain Base Load Generation|Mississippi Public Utility Rate Mitigation and Reduction Act|§ 77-3-113. Contents of petition

  Subject to the agreement by the affected electric public utility, the commission shall cause to be financed, consistent with the procedures set forth in Sections 77-3-111 through 77-3-127, all qualifying facility costs found to be prudent by the commission that are incurred over the estimate of such costs presented by the electric public utility in the certificate proceeding for the qualifying facility, up to a maximum of One Billion Dollars ($1,000,000,000.00). To accomplish the goals contained herein, the commission shall enter a financing order authorizing the issuance of rate reduction bonds by an electric public utility and to make such other findings and determinations as are provided for in Sections 77-3-111 through 77-3-127. The commission shall utilize a competitive Requests for Proposals process to select any bond attorney or counsel and may not accept any proposal in excess of Five Hundred Thousand Dollars ($500,000.00).   Upon request by the commission in accordance with the requirements of subsection (1) of this section, the electric public utility owning a qualifying facility, in whole or in part, and whose rates are subject to the jurisdiction of the commission, shall submit a petition presenting the following information:   Describe the qualifying facility and related qualifying facility costs in rate base or to be included in rate base;   Indicate the total amount of qualifying facility cost required to be financed by the electric public utility using proceeds from rate reduction bonds;   Estimate the financing costs related to the rate reduction bonds;   Describe and estimate the rate reduction bond charge necessary to recover the financing costs as they become due and the proposed period for recovery of such costs;   Estimate the projected cost savings to customers based upon then current market conditions resulting from financing the qualifying facility cost with rate reduction bonds as opposed to including the amount of such cost in rate base and recovering the revenue requirements associated with such cost over the depreciable life of the qualifying facility;   File with the commission direct testimony supporting the application; and   Timely provide the commission or the public utilities staff, as applicable, such additional information and documentation as either may reasonably request.
MS Code § 77-3-119 (2020)
2020 Mississippi Code|Title 77 - Public Utilities and Carriers|Chapter 3 - Regulation of Public Utilities|Article 2 - Alternate Method of Cost Recovery on Certain Base Load Generation|Mississippi Public Utility Rate Mitigation and Reduction Act|§ 77-3-119. Filing of true-up report by issuing entity; review by commission

  If the commission issues a financing order and rate reduction bonds are issued, the issuing entity shall, as frequently as quarterly but no less frequently than annually, file with the commission a true-up report requesting the commission to review the rate reduction bond charge established in the financing order and authorize the true-up adjustments described herein. A copy of such report shall promptly be served upon the electric public utility collecting the rate reduction bond charge. The report shall present the amount of any overcollection or undercollection of the rate reduction bond charge and shall include a schedule applying the approved true-up adjustment mechanism authorized in the financing order and the resulting amount of any true-up adjustment required to ensure the recovery of revenues sufficient to provide for the timely payment of all financing costs when due.   The commission's review of the true-up report shall be limited to a determination of the existence and amount of any mathematical errors in the report concerning the application of the approved true-up adjustment mechanism. Within thirty (30) days after receiving a true-up report pursuant to this section, the commission shall, if necessary, revise the rate reduction bond charge and notify the electric public utility of such revision, or, if no revision to the rate reduction bond charge is required, the commission shall so notify the electric public utility. A true-up report requesting to revise the rate reduction bond charge shall be deemed approved if the requested revision is neither approved nor denied by the commission within thirty (30) days after the request is submitted.   Any true-up report requesting a true-up adjustment of a rate reduction bond charge shall not constitute a change in rates and shall not be subject to the requirements of Section 77-3-37 or 77-3-39.   Upon the adjustment of a rate reduction bond charge pursuant to this section and notification to the electric public utility, the electric public utility shall promptly adjust the rate reduction bond charge to become effective the next practicable billing cycle.
MS Code § 77-3-121 (2020)
2020 Mississippi Code|Title 77 - Public Utilities and Carriers|Chapter 3 - Regulation of Public Utilities|Article 2 - Alternate Method of Cost Recovery on Certain Base Load Generation|Mississippi Public Utility Rate Mitigation and Reduction Act|§ 77-3-121. Rate reduction bond charge as nonbypassable charge; legal remedy for failure of electric public utility to remit payment of rate reduction bond charge revenues

  The rate reduction bond charge is a nonbypassable charge, and in the event an electric public utility subject to a financing order, as a result of insolvency, sale, a fundamental change in regulation of electric public utilities in this State, or other reason, ceases to serve customers within all or a portion of its certificated area, the commission shall have the obligation to ensure that the rate reduction bond charge is collected and transmitted to the issuing entity by any subsequent electric public utility providing service in such certificated area, or portion thereof, no longer being served by the electric public utility that originally petitioned for the financing order.   If an electric public utility fails to remit any required payment of rate reduction bond charge revenues to an assignee, issuing entity, financing party or bondholder, as applicable, such assignee, issuing entity, financing party or bondholder shall have no legal remedy either at law or equity against the electric public utility or its assets, except as specifically provided below:   A court, upon application by an assignee, issuing entity, financing party or bondholder, shall order the sequestration and payment of the rate reduction bond charge revenues for the benefit of any bondholder, assignee, financing party and/or issuing entity.   The court's order shall remain in full force and effect notwithstanding any bankruptcy, reorganization, or other insolvency proceedings with respect to the electric public utility or any affiliate thereof.
MS Code § 77-3-127 (2020)
2020 Mississippi Code|Title 77 - Public Utilities and Carriers|Chapter 3 - Regulation of Public Utilities|Article 2 - Alternate Method of Cost Recovery on Certain Base Load Generation|Mississippi Public Utility Rate Mitigation and Reduction Act|§ 77-3-127. Liability on rate reduction bonds issued under a financing order

  Rate reduction bonds issued under a financing order shall not constitute a debt or a pledge of the faith and credit or taxing power of the State of Mississippi or of any county, municipality, or any other political subdivision of this state. The issuing entity, assignee, bondholders and financing parties shall have no right to have taxes levied by this state or the taxing authority of any county, municipality, or any other political subdivision of this state for the payment of the principal of, interest on or other financing costs related to rate reduction bonds. The issuance of rate reduction bonds does not, directly, indirectly, or contingently, obligate this state or any county, municipal corporation, or political subdivision of this state to levy any tax or make any appropriation for payment of the principal of, interest on or other financing costs related to the rate reduction bonds.   The state pledges to and agrees with the bondholders, any issuing entity, and any other party under a financing order that the state will not take or permit any action that impairs the value of the security property under the financing order or, except as allowed under Section 77-3-119, reduce, alter or impair rate reduction bond charges that are imposed, charged, collected or remitted for the benefit of the bondholders, any assignee, and any issuing entity, until all principal, interest and redemption premium in respect of rate reduction bonds, all financing costs, all issuing costs and all amounts to be paid to an issuing entity are paid or performed in full. Any attempt by resolution, bill, motion, order, referendum, amendment, judgment, decision, opinion or other act made contrary to the above pledge by the legislative branch, executive branch, judicial branch, commission or citizenry which impairs or attempts to impair the security property shall require just compensation to the security property owner or owners prior to taking effect.   An issuing entity may include the pledge specified in subsection (2) of this section in the rate reduction bonds, financing documents, and documentation related to the issuance and marketing of the rate reduction bonds.
MS Code § 77-3-129 (2020)
2020 Mississippi Code|Title 77 - Public Utilities and Carriers|Chapter 3 - Regulation of Public Utilities|Article 2 - Alternate Method of Cost Recovery on Certain Base Load Generation|Mississippi Public Utility Rate Mitigation and Reduction Act|§ 77-3-129. Sections 77-3-111 through 77-3-127 deemed full and complete authority for exercise of powers granted therein

 The provisions of Sections 77-3-111 through 77-3-127 shall be deemed to be full and complete authority for the exercise of the powers therein granted. It is the intent of the Legislature that the authority provided under Sections 77-3-111 through 77-3-127 be limited to the implementation of alternate financing arrangements that may be contemplated by any agreement entered into by the Public Service Commission and the affected electric public utility relating to any qualifying facility as defined in Section 77-3-111.
MS Code § 77-9-101 (2020)
2020 Mississippi Code|Title 77 - Public Utilities and Carriers|Chapter 9 - Railroads and Other Common Carriers|Article 3 - Railroads and Railroad Corporations|Incorporation and Consolidation of Railroad Corporations|§ 77-9-101. Preparation of application to governor by persons desiring creation of railroad corporation

 Persons desiring the creation and organization of a railroad corporation may prepare an application therefor, in writing, addressed to the governor, in which they shall declare:   The names, residence and post office of each of the applicants;   The terminal points of the proposed railroad; if either or both be without this state, the point at or near which the state line is proposed to be crossed;   The amount of authorized capital stock, with full particulars as to the class or classes thereof, including all their privileges and restrictions, and whether having a par value or being without nominal or par value;   The sale price per share, if desired, of stock without par value and authority for the board of directors to fix or change such sale price, if such authority be desired;   The number of shares of each class of stock necessary to be subscribed and paid for before the corporation shall commence business;   The line of the proposed railroad in this state;   The name by which the corporation is to be known;   The time within which it is hoped the railroad will be completed.   If the applicants be the purchasers of a railroad at an execution, judicial, deed in trust or mortgage sale thereof, they shall present with their application a certified copy of the conveyance under which they hold, and shall disclose in addition:   The facts of the purchase, the date thereof, when, where, and by what proceedings;   The name of the former railroad company or corporation, with its location and termini;   The amount of money paid for the property, and its real value, and the sum at which it is proposed to capitalize it.
MS Code § 77-9-103 (2020)
2020 Mississippi Code|Title 77 - Public Utilities and Carriers|Chapter 9 - Railroads and Other Common Carriers|Article 3 - Railroads and Railroad Corporations|Incorporation and Consolidation of Railroad Corporations|§ 77-9-103. Issuance of proclamation by governor authorizing organization of railroad corporation

 Upon the receipt of the application, the governor shall submit the same to the attorney general, and obtain his opinion, in writing, to be indorsed thereon, whether or not it be in conformity to law. If the opinion be that the application conforms to law, and the governor believes that it is made in good faith and with bona fide intention on the part of the projectors to construct or cause to be constructed or to operate a railroad, as defined in the application, and there be no valid objection thereto, he shall issue his proclamation authorizing the persons to organize a railroad corporation.
MS Code § 77-9-105 (2020)
2020 Mississippi Code|Title 77 - Public Utilities and Carriers|Chapter 9 - Railroads and Other Common Carriers|Article 3 - Railroads and Railroad Corporations|Incorporation and Consolidation of Railroad Corporations|§ 77-9-105. Recording of application and proclamation

 The application and the proclamation of the governor shall be attached each to the other, and both shall be recorded in the office of the secretary of state, and also in the record of deeds of each county through which the projected railroad is to extend, at the expense of the projectors. The record in the secretary of state's office shall be made before organization of the corporation, but that in the record of deeds may be made afterward, but before any corporate action shall be taken in the county.
MS Code § 77-9-107 (2020)
2020 Mississippi Code|Title 77 - Public Utilities and Carriers|Chapter 9 - Railroads and Other Common Carriers|Article 3 - Railroads and Railroad Corporations|Incorporation and Consolidation of Railroad Corporations|§ 77-9-107. Organization and election of board of directors; selection of officers and adoption of bylaws

 Upon the issuance of the proclamation by the governor, authorizing them so to do, and its recordation in the office of the secretary of state, the projectors shall meet and organize, and elect a board of directors of such number as they may see fit. The board, when elected, may select a president and such other officers and agents as it may deem expedient, fix their duties and compensation, and adopt by-laws.
MS Code § 77-9-111 (2020)
2020 Mississippi Code|Title 77 - Public Utilities and Carriers|Chapter 9 - Railroads and Other Common Carriers|Article 3 - Railroads and Railroad Corporations|Incorporation and Consolidation of Railroad Corporations|§ 77-9-111. Filing of statement showing date of organization, amount of entire capital stock, and shares into which divided

 When organized, the board of directors shall file in the office of the secretary of state a statement, in writing, signed by the directors and sworn to by one of them, showing the date of the organization, the amount of the entire capital stock, and the shares into which divided. The secretary of state shall file and record the statement and certify the fact under the great seal. Thereupon the company so organized shall be a body corporate under the name specified, and may exercise its powers as such, but before so doing in any county, the said certificate, or a certified copy of it, with the application and governor's proclamation, shall be recorded in the record of deeds thereof.
MS Code § 77-9-113 (2020)
2020 Mississippi Code|Title 77 - Public Utilities and Carriers|Chapter 9 - Railroads and Other Common Carriers|Article 3 - Railroads and Railroad Corporations|Incorporation and Consolidation of Railroad Corporations|§ 77-9-113. Organization by purchasers of railroad sold under execution, deed of trust, or foreclosure

 When any railroad shall be sold under execution, or under a deed of trust, or by a decree of a court enforcing a mortgage or other lien, the purchasers thereof and their assigns and successors shall be entitled to and be invested with all the franchises, rights, powers, privileges, and immunities, not inconsistent with the provisions of this article, appertaining to and possessed by the company or corporation whose property and franchises were sold. However, an exemption from taxation contained in any charter shall not pass to the purchaser.   Such purchasers and their assigns and successors may file with the secretary of state a statement in writing to the effect that they desire to operate the railroad so sold in accordance with the provisions and requirements of the charter of the company to which it belonged, and they shall thereupon become vested with all the powers, rights, privileges and benefits thereof not inconsistent with the provisions of this article, in the same manner and to the same extent as if they were the original incorporators of said company, and they shall thereby become a railroad corporation.   The said purchasers and assigns and successors may meet and organize a new corporation under the provisions of this article, and have all the powers, franchises, rights, privileges, and immunities provided herein, and none other, and may give it such a name as may be adopted. They shall fix the amount of the entire capital stock of the new corporation, as represented by the property and franchise bought, and otherwise organize as provided in this article.
MS Code § 77-9-115 (2020)
2020 Mississippi Code|Title 77 - Public Utilities and Carriers|Chapter 9 - Railroads and Other Common Carriers|Article 3 - Railroads and Railroad Corporations|Incorporation and Consolidation of Railroad Corporations|§ 77-9-115. Amendment of railroad corporation charter

 The charter of any railroad corporation organized under the provisions of this article may be amended in the manner following. A resolution adopted by the stockholders owning a majority of the stock, which shall describe fully all proposed changes desired to be made in the charter, shall be submitted to the governor. The governor shall submit the same to the attorney general and obtain his opinion, in writing, to be indorsed thereon, whether or not it be in conformity to law. If the opinion be that the application conforms to law, and the governor believes that the charter should be amended as desired, he shall indorse his approval thereon. The resolution, together with the indorsements of the attorney-general and the governor, shall be filed with the secretary of state, who shall record the same and certify the fact under the great seal. The resolution shall likewise be recorded in the records of deeds of each county through which the railroad constructed or to be constructed under such charter may run. When all this shall have been done, the proposed amendment of the charter shall become effective and thereafter the charter shall stand as though the amendment described in the resolution had been originally incorporated as a part of the charter.
MS Code § 77-9-119 (2020)
2020 Mississippi Code|Title 77 - Public Utilities and Carriers|Chapter 9 - Railroads and Other Common Carriers|Article 3 - Railroads and Railroad Corporations|Incorporation and Consolidation of Railroad Corporations|§ 77-9-119. Consolidation of railroad corporations

 Any railroad company organized and existing under the laws of this state and which is subject to the Interstate Commerce Commission Termination Act of 1995 shall have power to consolidate with any other railroad company, organized under the laws of this or any other state, and shall have power to purchase or lease the railroad, franchises, and properties of any other railroad company organized under the laws of this state, and to purchase and hold the capital stock or a part thereof of any other railroad company organized under the laws of this or any other state, wherever any such action has first been permitted by an act or acts of Congress and an order or orders of the U.S. Department of Transportation of the United States and of the commission. In the event of consolidation, the consolidated company shall become thereby a domestic corporation of the State of Mississippi.   Any railroad company organized and existing under the laws of this state and which is subject to the Interstate Commerce Commission Termination Act of 1995 shall have the power to merge with any other railroad company organized under the laws of this or any other state pursuant to the Mississippi Business Corporation Act.
MS Code § 77-9-121 (2020)
2020 Mississippi Code|Title 77 - Public Utilities and Carriers|Chapter 9 - Railroads and Other Common Carriers|Article 3 - Railroads and Railroad Corporations|Incorporation and Consolidation of Railroad Corporations|§ 77-9-121. Competing or parallel railroads shall not consolidate

 Except as provided in Section 77-9-119, it shall be unlawful for any railroad company to consolidate with a parallel or competing railroad company, or to allow its affairs to be in any manner managed, regulated, or controlled by any such parallel or competing railroad company, or permit its affairs to be so managed, regulated, or controlled by the same person or persons who manage, regulate, or control the affairs of such competing or parallel railroad company, under penalty of the forfeiture of the charters and franchises of such company or companies; all persons, agents, or companies so offending shall be liable to the further penalty of ten thousand dollars ($10,000.00). It shall further be unlawful for competing railroad companies operating parallel lines of road within twenty (20) miles of each other to lease or purchase, directly or indirectly, the opposing line or any part thereof or any interest therein. Such contracts, no matter in whose name made, are hereby prohibited under the penalties provided in this section.
MS Code § 77-9-141 (2020)
2020 Mississippi Code|Title 77 - Public Utilities and Carriers|Chapter 9 - Railroads and Other Common Carriers|Article 3 - Railroads and Railroad Corporations|General Corporate Powers|§ 77-9-141. Powers, rights and privileges of railroad corporations

 Except as limited, or otherwise prescribed, by valid federal statutes or lawful regulations made thereunder, every railroad corporation, organized under the provisions of this article, shall have and exercise the powers, rights and privileges set forth in Sections 77-9-143 through 77-9-183.
MS Code § 77-9-145 (2020)
2020 Mississippi Code|Title 77 - Public Utilities and Carriers|Chapter 9 - Railroads and Other Common Carriers|Article 3 - Railroads and Railroad Corporations|General Corporate Powers|§ 77-9-145. Suing; having a common seal

 To sue and be sued, to plead and to be impleaded, and to have and use a common seal.
MS Code § 77-9-147 (2020)
2020 Mississippi Code|Title 77 - Public Utilities and Carriers|Chapter 9 - Railroads and Other Common Carriers|Article 3 - Railroads and Railroad Corporations|General Corporate Powers|§ 77-9-147. Building and operating railroad

 To build and construct, and thereafter to use, operate, own, sell, and enjoy the railroad as specified and defined in the application of the projectors for its creation and organization, with one or more tracks, and to construct and operate such branches, spurs, and laterals thereto as may be necessary or proper to develop the country through which its main line may extend. Upon the location of branches, spurs, or laterals, the company shall file in the Office of the Secretary of State a written statement showing the line thereof.