Montana Code Annotated 2001

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     67-11-306. Tax exemption. Any property in this state acquired by an authority for airport purposes, pursuant to the provisions of this chapter, and any income derived by the authority from the ownership, operation, or control of the property is exempt from taxation and any other charges to the same extent as other property used for public purpose.

     History: En. 1-920 by Sec. 19, Ch. 433, L. 1971; R.C.M. 1947, 1-920; amd. Sec. 3, Ch. 268, L. 1993.

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