Purpose of tax exemptions.

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The effectuation of the powers herein authorized shall and will be in all respects for the benefit of the people of the state, including but not necessarily limited to those residing in the authority exercising any power hereunder, for the improvement of their health and living conditions and for the increase of their commerce and prosperity.

History: 1953 Comp., § 75-36-96, enacted by Laws 1963, ch. 311, § 96.


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