29-1-211 - Exemption from ad valorem taxation.
§ 29-1-211. Exemption from ad valorem taxation.
The conveyance of the property pursuant to Sections 29-1-205 and 29-1-209, being for the aforesaid public purpose, the property and any improvements located thereon are exempted from ad valorem taxation.
Sources: Laws, 1995, ch. 516, § 3, eff from and after passage (approved March 31, 1995).