[§46-74.1  Exemption from improvementassessments.]  Subject to sections 67-8 and 46-74.2, any land exempted bylaw from payment of property taxes which land is owned by a society,association, or corporation engaged in religious, charitable, educational,scientific, literary, or other benevolent purposes, whose charter or otherenabling act contains a provision that, in the event of dissolution, the landowned by such society, association, or corporation shall be distributed toanother society, association, or corporation engaged in religious, charitable,educational, scientific, literary, or other benevolent purposes shall be exemptfrom assessments to pay for the cost of any improvements included in anyimprovement district. [L 1968, c 65, §2]

 

Note

 

  Section 67-8 referred to in text is repealed.

 

Revision Note

 

  Section "46-74.2" substituted for"70-111".