Illinois Compiled Statutes 215 ILCS 5/531.16 – Tax Exemptions.) The Association is exempt from payment of all fees …
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Terms Used In Illinois Compiled Statutes 215 ILCS 5/531.16
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
- State: when applied to different parts of the United States, may be construed to include the District of Columbia and the several territories, and the words "United States" may be construed to include the said district and territories. See Illinois Compiled Statutes 5 ILCS 70/1.14
Tax Exemptions.) The Association is exempt from payment of all fees and all taxes levied by this State or any of its subdivisions, except taxes levied on real property.