Tax exemption.

Checkout our iOS App for a better way to browser and research.

Property acquired or occupied pursuant to this part 8 shall be exempt from taxation so long as used for authorized governmental or proprietary functions of municipalities.

Source: L. 75: Entire title R&RE, p. 1122, § 1, effective July 1.

Editor's note: This section is similar to former § 31-12-502 as it existed prior to 1975.


Download our app to see the most-to-date content.