Maine Revised Statutes Title 6 Sec. 182 – Tax exempt
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Terms Used In Maine Revised Statutes Title 6 Sec. 182
- Airport authority: means a quasi-municipal entity formed and chartered pursuant to this chapter to operate an airport and provide air transportation services. See Maine Revised Statutes Title 6 Sec. 172
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
An airport authority is a public municipal corporation within the meaning of Title 36, section 651, and the property of the authority is exempt from taxation to the extent provided in that section. [PL 2007, c. 563, §1 (NEW).]
SECTION HISTORY
PL 2007, c. 563, §1 (NEW).