N.J.S.A. 54:4-3.15 — Exemption of property used by veterans who sustained a permanent disability.

54:4-3.15 Exemption of property used by veterans who sustained a permanent disability. 54:4-3.15. Any personal property or real estate not exceeding 250 acres in extent, owned and actually and exclusively used by any corporation organized under the laws of New Jersey to provide instruction in agricultural pursuits for soldiers and sailors of the United States who have sustained a permanent disability while in active service in time of war, provided all income derived from the property in excess of the expense of its maintenance and operation, shall be used exclusively for the benefit of soldiers and sailors with permanent disabilities, shall be exempt from taxation under this chapter. Amended 2017, c.131, s.213.

This is the verbatim text of N.J.S.A. 54:4-3.15, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. Kyzer is not a law firm and this page is not legal advice.