Statute · Federal

42 U.S.C. § 4525

Real property taxation

Code
United States Code
Title
42
Section
4525
Text current through
Pub. L. 119-111

What does the statute say?

§ 4525. Real property taxation

Nothing in this part shall be construed to exempt any real property that may be acquired and held by the Secretary as a result of the exercise of lien or subrogation rights from real property taxation to the same extent, according to its value, as other real property is taxed.

(Pub. L. 91–609, title VII, § 724, Dec. 31, 1970, 84 Stat. 1801.)

The text is copied from the official source: uscode.house.gov. This is the stored text for research. It is not legal advice; check the official source before you rely on it.