There is a newer version
of
this Section
2017 Code of Virginia
Title 15.2 - Counties, Cities and Towns
Chapter 75 - Land Bank Entities Act
§ 15.2-7510. Exemption from taxes or assessments
Universal Citation: VA Code § 15.2-7510 (2017)
The land bank entity is hereby declared to be performing a public function on behalf of the locality with respect to which the land bank entity is created and to be a public instrumentality of such locality. Accordingly, the land bank entity shall not be required to pay any taxes upon any property acquired or used by the land bank entity under the provisions of the Act.
2016, cc. 159, 383.
Disclaimer: These codes may not be the most recent version. Virginia may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
