§ 10.1-1803. Gifts, devises and bequests.
Gifts, devises or bequests, whether personal or real property, and the incometherefrom, accepted by the Foundation, shall be deemed to be gifts to theCommonwealth, which shall be exempt from all state and local taxes, and shallbe regarded as the property of the Commonwealth for the purposes of all taxlaws.
(1966, c. 525, § 10-165; 1988, c. 891.)
§ 10.1-1803. Gifts, devises and bequests.
Gifts, devises or bequests, whether personal or real property, and the incometherefrom, accepted by the Foundation, shall be deemed to be gifts to theCommonwealth, which shall be exempt from all state and local taxes, and shallbe regarded as the property of the Commonwealth for the purposes of all taxlaws.
(1966, c. 525, § 10-165; 1988, c. 891.)
§ 10.1-1803. Gifts, devises and bequests.
Gifts, devises or bequests, whether personal or real property, and the incometherefrom, accepted by the Foundation, shall be deemed to be gifts to theCommonwealth, which shall be exempt from all state and local taxes, and shallbe regarded as the property of the Commonwealth for the purposes of all taxlaws.
(1966, c. 525, § 10-165; 1988, c. 891.)
