§ 2825 - Tax exemptions
§ 2825. Tax exemptions
All real and personal property of the corporation is exempt from taxation. All bonds, notes and other obligations issued pursuant to this chapter are issued by a body corporate and public of this state and for an essential public and governmental purpose and those bonds, notes and other obligations, and the interest thereon and income therefrom, except as otherwise provided by resolution of the corporation authorizing the issuance of taxable debt pursuant to section 2868 of this title, and all activities of the corporation and fees, charges, funds, revenues, incomes and other moneys of the corporation whether or not pledged or available to secure the payment of these bonds, notes or other obligations, or interest thereon, are exempt from all taxation, franchise taxes, fees or special assessments of whatever kind except for transfer, inheritance and estate taxes. (1965, No. 198, § 9; amended 1981, No. 174 (Adj. Sess.), § 3, eff. April 20, 1982; 2003, No. 86 (Adj. Sess.), § 5.)