Sec. 47.60.080. Exemption from taxation.

AK Stat § 47.60.080 (2019) (N/A)
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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.