80-404 Gifts, power to accept; property, exemption from tax. - Nebraska Statutes

80-404. Gifts, power to accept; property, exemption from tax.The Department of Veterans' Affairs may receive or hold in trust testamentary or other gifts, and may purchase or receive gifts of such real estate as may be necessary or advantageous for the carrying out of the provisions of sections 80-401 to 80-405. All property so held or owned by it shall be free from taxation during the period of time it shall be held or used by it for the purpose of furnishing aid to such veterans and their dependents authorized by the provisions of section 80-403. SourceLaws 1921, c. 40, § 3, p. 183; C.S.1922, § 6208; C.S.1929, § 80-403; R.S.1943, § 80-404; Laws 1945, c. 221, § 3, p. 662; Laws 1947, c. 306, § 19, p. 933.