Section 9-2608 - Taxes.
§ 9-2608. Taxes.
(a) Payment not required.- Except as provided in subsection (b) of this section, the Corporation is not required to pay taxes or assessments on its:
(1) properties;
(2) activities; or
(3) revenue derived from its properties or activities.
(b) Payment required on sale or lease of land or facilities.- If the Corporation sells or leases land or facilities to a private entity, the land or facilities shall be subject to real property taxes.
[2004, ch. 26, § 2.]