OAG 81-231 is cited in the decision to support the principle that the exemption from ad valorem property taxation for property owned by the Kentucky Development Finance Authority is limited to the extent of the Authority's ownership interest and the duration of ownership. This citation is used to clarify the conditions under which the property tax exemption applies, specifically in relation to the proportionate ownership and the period during which the property is held by the Authority.
OAG 81-231 was Cited by OAG 81-270
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Disclaimer:
The Sunshine Law Library is not exhaustive and may contain errors from source documents or the import process. Nothing on this website should be taken as legal advice. It is always best to consult with primary sources and appropriate counsel before taking any action.
The Sunshine Law Library is not exhaustive and may contain errors from source documents or the import process. Nothing on this website should be taken as legal advice. It is always best to consult with primary sources and appropriate counsel before taking any action.