The bank is performing an essential governmental function in the exercise of the powers conferred upon it and shall not be required to pay taxes or assessments upon property or upon its operations or the income therefrom, or taxes or assessments upon property or loan obligations acquired or used by the bank or upon the income therefrom.
Section: Previous 32-10-120 32-10-121 32-10-122 32-10-123 32-10-124 32-10-125 32-10-126 32-10-127 32-10-128 32-10-129 32-10-130 32-10-131 32-10-132 32-10-133 NextLast modified: October 14, 2016