Real property in which the trust fund acquires a fee simple interest for the state shall be exempt from all state and local property taxes.
Tenn. Code Ann. § 11-7-108
Exemption from taxes
Known as the Tennessee Heritage Conservation Trust Fund Act
The act spans §§ 11-7-101 to 11-7-110 (10 sections).
Acts 2005, ch. 444, § 2.
Current official text: Tennessee Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Tennessee statutes; confirm against the official source for the current text. Not legal advice.