76.267 Property of district, bonds and income therefrom exempt from tax. - Kentucky Statutes

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76.267 Property of district, bonds and income therefrom exempt from tax. The establishment, financing and operation of a construction subdistrict by the district are
in all respects in the interest of public health and for a public purpose. In so doing the
district performs a governmental function in the exercise of the powers conferred upon it,
and it shall be required to pay no taxes or assessments upon any property owned or
acquired by it, or upon its activities in the operation and maintenance of its subdistrict
facilities. Construction subdistrict bonds and the income therefrom are exempt from
taxation. History: Created 1964 Ky. Acts ch. 33, sec. 30.