Montana Code 67-11-306. Tax exemption
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67-11-306. Tax exemption. Any property in this state acquired by an authority for airport purposes, pursuant to the provisions of this chapter, and any income derived by the authority from the ownership, operation, or control of the property is exempt from taxation and any other charges to the same extent as other property used for public purpose.
Terms Used In Montana Code 67-11-306
- Property: means real and personal property. See Montana Code 1-1-205
- State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Montana Code 1-1-201