§ 84.36.480. Nonprofit fair associations
The following property shall be exempt from taxation: The real and personal property of a nonprofit fair association that sponsors or conducts a fair or fairs which receive support from revenues collected pursuant to RCW 67.16.100 and allocated by the director of the department of agriculture. To be exempt under this section, the property must be used exclusively for fair purposes, except as provided in RCW 84.36.805. However, the loan or rental of property otherwise exempt under this section to a private concessionaire or to any person for use as a concession in conjunction with activities permitted under this section shall not nullify the exemption if the concession charges are subject to agreement and the rental income, if any, is reasonable and is devoted solely to the operation and maintenance of the property.
[1984 c 220 § 6; 1975 1st ex.s. c 291 § 22.]
Notes:
Effective dates -- Severability -- 1975 1st ex.s. c 291: See notes following RCW 82.04.050.
Sections: Previous 84.36.385 84.36.387 84.36.389 84.36.400 84.36.451 84.36.470 84.36.477 84.36.480 84.36.487 84.36.500 84.36.510 84.36.550 84.36.560 84.36.570 84.36.590 Next
Last modified: April 7, 2009