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Title X TAXATION AND REVENUE

Chapter 141

Effective - 28 Aug 1943 bottom

  141.800.  Exemption from taxation of real estate acquired by land trust. — Upon acquiring title to any real estate hereunder, such land trust shall immediately notify the county assessor and the city assessors of the various cities, towns and villages in the county of such ownership, and the interests of each taxing authority therein shall be exempt from all taxation, in the same manner and to the same extent as any other publicly owned real estate, and upon the sale or other disposition of any real estate held by it, such land trust shall immediately notify the county assessor and the appropriate city assessor of such change of ownership.

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(L. 1943 p. 1029 § 45)


---- end of effective   28 Aug 1943 ----

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