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154.50.343 Title to property -- Authority's property, revenues are tax-exempt.

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154.50-343 Title to property -- Authority's property, revenues are tax-exempt. The title to all property acquired by the authority shall vest in the authority. All property <br>acquired for the development of industrial sites, parks and subdivisions shall be exempt <br>from taxation to the same extent as other property used for public purposes. All revenues <br>collected by the authority shall also be exempt from taxation. History: Created 1970 Ky. Acts ch. 114, sec. 11. <br>Formerly codified as KRS 152.910