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Code · Alaska · Title 47 · Chapter 60

Sec. 47.60.080. Exemption from taxation.

60 words·~1 min read·/ak/title-47/chapter-60/47-60-080

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Sec. 47.60.080. Exemption from taxation.
A multipurpose senior center developed and operated by a nonprofit corporation under this chapter is not subject to real or personal property taxation by a municipality. The exemption granted under this section continues in force only while the multipurpose senior center is owned and operated by a nonprofit corporation under the provisions of this chapter.
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