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.
Structure Alaska Statutes
Title 47. Welfare, Social Services, and Institutions
Chapter 60. Multipurpose Senior Centers
Sec. 47.60.010. Legislative findings.
Sec. 47.60.030. Purposes of multipurpose senior centers.
Sec. 47.60.040. Powers of corporations.
Sec. 47.60.050. Acceptance and use of assistance, cooperation, and contributions.
Sec. 47.60.060. Lease of property from state.
Sec. 47.60.070. Municipal contributions.