2012 -- S 2623
A N A C T
Introduced By: Senators Lynch, Walaska, and McCaffrey
Date Introduced: March 01, 2012
It is enacted by the General Assembly as follows:
incorporated under the general laws of this state on November, 1, 2004, is hereby authorized to
take, hold, transmit and convey real, mixed, and personal estate to an amount not exceeding three
million dollars ($3,000,000) and said real and personal estate shall be exempt from taxation so
long as said estate shall be used for the purposes for which said corporation was incorporated.
SECTION 2. This act shall take effect upon passage.