Virginia Code 15.2-5708: Exemption from taxation
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No authority shall be required to pay any taxes or assessments upon any park acquired and constructed by it under the provisions of this chapter.
Terms Used In Virginia Code 15.2-5708
- Authority: means an authority created under the provisions of § 15. See Virginia Code 15.2-5701
- Park: means public parks and recreation areas as the terms are generally used. See Virginia Code 15.2-5701
Code 1950, § 15-714.6; 1950, p. 1248; 1962, c. 623, § 15.1-1233; 1997, c. 587.