§516-41 Exemption from taxation and assessments. [Section effective until June 30, 2006. For section effective July 1, 2006, see below.] The housing and community development corporation of Hawaii and the property acquired by it under this part, if not leased or sold, are exempt from any and all taxes and assessments. Bonds, notes, debentures, and other evidences of indebtedness issued by the corporation are declared to be issued for a public purpose and to be public instrumentalities and, together with interest thereon, shall be exempt from taxes. [L 1967, c 307, §30; HRS §516-41; am L 1987, c 337, §16; am L 1988, c 104, §2; am L 1997, c 350, §14]

§516-41 Exemption from taxation and assessments. [Section effective July 1, 2006. For section effective until June 30, 2006, see above.] The Hawaii housing finance and development administration and the property acquired by it under this part, if not leased or sold, are exempt from any and all taxes and assessments. Bonds, notes, debentures, and other evidences of indebtedness issued by the administration are declared to be issued for a public purpose and to be public instrumentalities and, together with interest thereon, shall be exempt from taxes. [L 1967, c 307, §30; HRS §516-41; am L 1987, c 337, §16; am L 1988, c 104, §2; am L 1997, c 350, §14; am L 2005, c 196, §26(b)]

 

Previous Vol12_Ch0501-0588 Next