§ 38-51. Tax-exempt status of authority.  


Latest version.
  • The properties of the authority, both real and personal, are declared to be public properties used for the benefit and welfare of the people of the State of Georgia, and not for purposes of private or corporate benefit and income; and such properties and the authority shall be exempt from all taxes and special assessments of any city, county or the state or any political subdivision thereof.

(1951 Ga. Laws (Act No. 319), page 497, § 25A; 1972 Ga. Laws (Act No. 1181), page 3208, § 1)