§ 58.1-3650. Post-1971 property exempt from taxation by designation
A. The real and personal property of an organization designated by a section within this article and used by such organization exclusively for a religious, charitable, patriotic, historical, benevolent, cultural or public park and playground purpose as set forth in Article X, Section 6 (a) (6) of the Constitution of Virginia, the particular purpose for which such organization is classified being specifically set forth within each section, shall be exempt from taxation so long as such organization is operated not for profit and the property so exempt is used in accordance with the purpose for which the organization is classified. In addition, such exemption may be revoked in accordance with the provisions of § 58.1-3605.
B. Exemptions of property from taxation under this article shall be strictly construed in accordance with the provisions of Article X, Section 6 (f) of the Constitution of Virginia.
(1984, c. 675; 1995, c. 346.)Sections: Previous 58.1-3616 58.1-3617 58.1-3618 58.1-3619 58.1-3620 58.1-3621 58.1-3622 58.1-3650 58.1-3650.1 58.1-3651 58.1-3660 58.1-3660.1 58.1-3661 58.1-3662 58.1-3663 Next
Last modified: April 16, 2009