§ 2178 - Tax exemption
[Section 2178 effective to grand lists until April 1, 2011; see section 2178 and effective date note set out below.]
§ 2178. Tax exemption
All real and personal property owned by the corporation shall be exempt from taxation. (Added 1961, No. 247, § 1, eff. July 28, 1961.)
[Section 2178 shall apply to grand lists of April 1, 2011 and after.]
§ 2178. Tax exemption
All real and personal property owned by the corporation and used for educational and not commercial purposes shall be exempt from taxation. (Added 1961, No. 247, § 1, eff. July 28, 1961; amended 2005, No. 207 (Adj. Sess.), § 8.)