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2013 Montana Code Annotated
Title 67. AERONAUTICS
CHAPTER 11. AIRPORT AUTHORITIES
Part 3. Finance
67-11-306. Tax exemption.


MT Code § 67-11-306 (2013) What's This?

67-11-306. Tax exemption. Any property in this state acquired by an authority for airport purposes, pursuant to the provisions of this chapter, and any income derived by the authority from the ownership, operation, or control of the property is exempt from taxation and any other charges to the same extent as other property used for public purpose.

History: En. 1-920 by Sec. 19, Ch. 433, L. 1971; R.C.M. 1947, 1-920; amd. Sec. 3, Ch. 268, L. 1993.

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