46-723 — JOINT OWNERSHIP OF ARMORY
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TITLE 46
MILITIA AND MILITARY AFFAIRS
CHAPTER 7
ARMORIES AND MILITARY PROPERTY
46-723. JOINT OWNERSHIP OF ARMORY. Any armory constructed under this act
wherein funds have been provided by a city or village, city or village and
county, and county shall be jointly owned by the state and the participating
city or village, city or village and county, and county; provided the
participating city or village, city or village and county, and county
contributes ten per cent (10%) or more of the actual construction cost,
exclusive of the cost or market value of any real estate concerned.