§ 89-25-9. Exclusions from the statutory rule against perpetuities
Section 89-25-3 shall not apply to: A nonvested property interest or a power of appointment arising out of a nondonative transfer, except a nonvested property interest or a power of appointment arising out of: A premarital or postmarital agreement; A separation or divorce settlement; A spouse’s election; A similar arrangement arising out of a prospective, […]
§ 89-25-11. Prospective application
Except as provided by subsection (2) of this section, this chapter applies to a nonvested property interest or a power of appointment that is created on or after July 1, 2015. For purposes of this section, a nonvested property interest or a power of appointment created by the exercise of a power of appointment is […]
§ 89-23-19. Amendment or termination of environmental covenant; consent
An environmental covenant may be amended or terminated by consent only if the amendment or termination is signed by: The agency; Unless waived by the agency, the current owner of the fee simple of the real property subject to the covenant; The commission, unless it waives its participation; Each person that originally signed the covenant, […]
§ 89-23-1. Short title
This chapter may be cited as the Mississippi Uniform Environmental Covenants Act.
§ 89-23-3. Definitions
In this chapter: “Activity and use limitations” means restrictions or obligations created under this chapter with respect to real property. “Agency” means the Mississippi Department of Environmental Quality or any other state or federal agency that determines or approves the environmental response project pursuant to which the environmental covenant is created. “Common interest community” means […]
§ 89-23-5. Holder defined; rights and obligations; subordination of rights
Any person, including a person that owns an interest in the real property, a municipality or other unit of local government, may be a holder. An environmental covenant may identify more than one (1) holder. The interest of a holder is an interest in real property. A right of an agency under this chapter or […]
§ 89-23-7. Contents of environmental covenant
An environmental covenant must: State that the instrument is an environmental covenant executed pursuant to this chapter; Contain a legally sufficient description of the real property subject to the covenant; Describe the activity and use limitations on the real property; Identify every holder; Be signed by the agency, every holder, and unless waived by the […]
§ 89-23-9. Validity of environmental covenant; effect on other instruments
An environmental covenant that complies with this chapter runs with the land. An environmental covenant that is otherwise effective is valid and enforceable even if: It is not appurtenant to an interest in real property; It can be or has been assigned to a person other than the original holder; It is not of a […]
§ 89-23-11. Relation of this chapter to other land-use laws
This chapter does not authorize a use of real property that is otherwise prohibited by zoning, by law other than this chapter regulating use of real property, or by a recorded instrument that has priority over the environmental covenant. An environmental covenant may prohibit or restrict uses of real property which are authorized by zoning […]
§ 89-23-13. Notice requirement; penalty for failure to provide notice
A copy of an environmental covenant shall be provided by the persons and in the manner required by the agency to: Each person that signed the covenant; Each person holding a recorded interest in the real property subject to the covenant; Each person in possession of the real property subject to the covenant; Each municipality […]