Washington Code 85.05.367 – Lands owned by district exempt from taxation
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Any and all lands purchased and acquired by the diking district through foreclosure of delinquent assessment certificates shall, so long as owned by, or until sold by, such diking district, be exempt from general state and county taxes.
[ 1929 c 111 § 3; RRS § 4286-3. Formerly RCW 85.04.510, part.]
Terms Used In Washington Code 85.05.367
- Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC