Maine Revised Statutes
Subchapter 1-A: COOPERATIVE AFFORDABLE HOUSING OWNERSHIP
13 §1762. Property tax provisions

§1762. Property tax provisions
1.  Property not tax-exempt.  Notwithstanding any provision of law to the contrary, cooperative property does not qualify for property tax exemption under Title 36, section 652, subsection 1, paragraph A.  
[PL 1993, c. 300, §1 (NEW).]
2.  Eligibility for property tax relief.  Without limiting the eligibility of members of any other corporation or unincorporated association that provides housing on a cooperative basis for tax relief, a member of a cooperative affordable housing corporation is eligible for any relief afforded to property taxpayers under law.  
[PL 1993, c. 300, §1 (NEW).]
3.  Homestead exemption from attachment and execution.  Title 14, section 4422 applies to cooperative interests in cooperative affordable housing corporations.  
[PL 1993, c. 300, §1 (NEW).]
SECTION HISTORY
PL 1993, c. 300, §1 (NEW).

Structure Maine Revised Statutes