immunity from taxation
Defined in 1 dictionary — Case Law
Definitions from Case Law
From 75 U.S. 430 - Home of the Friendless v. Rouse · 1869Most cited · 78 citing opinions
the immunity from taxation does not attach to the property after the corporation has parted with it, but is operative on it while owned by the corporation, and devoted to the uses for which it was originally given.