Virginia § 58.1-3608 Exempt organization's use of property owned by another

Virginia Statutes

§ 58.1-3608 — Exempt organization's use of property owned by another

Virginia § 58.1-3608

JurisdictionVirginia

Title 58.1TAXATION

Subtitle IIILOCAL TAXES

Ch. 36TAX EXEMPT PROPERTY

Art. 2PROPERTY EXEMPTED BY CLASSIFICATION OR DESIGNATION

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Bluebook

Va. Code Ann. § 58.1-3608 (2026).

Text

Any real or personal property, the legal title to which is held by any person, firm or corporation, subject to the sole use and occupancy of an organization or society exempted by the provisions of subdivision 1 of § 58.1-3607 is hereby exempt from taxation provided such organization or society has not agreed to surrender its interest in the property.

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Legislative History

Code 1950, § 58-12; 1950, p. 61; 1952, c. 50; 1954, c. 65; 1956, c. 478; 1956, Ex. Sess., c. 16; 1958, c. 361; 1960, c. 396; 1962, c. 129; 1964, c. 198; 1966, c. 582; 1968, cc. 37, 807; 1969, Ex. Sess., c. 9; 1970, cc. 83, 562; 1972, c. 667; 1973, c. 438; 1974, c. 469; 1984, c. 675.