12-2527. Same; tax status of property owned or held and of securities issued.
12-2527
12-2527. Same; tax status of property owned or held and of securities
issued.
All property, real and personal, owned or held by the Kansas City area
transportation authority, and all interest income derived from any notes,
bonds or other instruments in writing issued by said authority, shall
possess the same status, with respect to taxation in the state of Kansas,
as is now or may hereafter be possessed by property, real and personal,
owned or held by cities, with said state of Kansas, and by the interest
income derived from notes, bonds or other instruments in writing issued by
such cities.
History: L. 1965, ch. 115, § 4; June 30.