Miss. Code Ann. § 75-17-107: Miss. Code Ann. § 75-17-107

Unless otherwise provided by law, interim financing in anticipation of a confirmed grant or loan by the state of Mississippi or a county, municipality or political subdivision thereof and described in Sections 19-9-28 and 21-33-326, Mississippi Code of 1972 , shall bear interest at a rate not to exceed nine percent (9%) per annum.