The revenue bonds issued pursuant to this article and the income therefrom shall be exempt from taxation except inheritance, estate and transfer taxes; and the real and personal property which a county commission or a municipality may acquire to be leased, sold or otherwise disposed of, according to the provisions of this article, shall be exempt from taxation by the state, or any county, municipality, or other levying body, as public property, so long as the same is owned by such county or municipality.
Structure West Virginia Code
Chapter 13. Public Bonded Indebtedness
Article 2C. Industrial Development and Commercial Development Bond Act
§13-2C-2. Legislative Findings
§13-2C-4. Powers Conferred on Counties and Municipalities
§13-2C-5. Location of Industrial Projects or Commercial Projects
§13-2C-6. Joint Establishment by Two or More Governmental Bodies
§13-2C-7. Bonds Issued to Finance Industrial Project or Commercial Project
§13-2C-10. Redemption of Bonds
§13-2C-12. Use of Proceeds From Sale of Bonds
§13-2C-13. No Contribution by County or Municipality
§13-2C-14. Bonds Made Legal Investments
§13-2C-15. Exemption From Taxation
§13-2C-16. Construction of Article
§13-2C-17. No Notice, Consent or Publication Required
§13-2C-19. Public Officials Exempt From Personal Liability
§13-2C-20. Prohibition of Financial Interest of Public Officials