Section 43-1-1504 - Possessory interests in transfer facilities - taxation

Any person obtaining a possessory interest in any portion of a transfer facility located on property that is owned by the department for the provision of retail or commercial goods or services pursuant to this section shall be deemed in control of that portion of the facility and shall be subject to property taxation to the extent of the person's possessory interest in that portion of the facility.L. 99: Entire part added, p. 264, § 5, effective April 9. L. 2002: Entire section amended, p. 1009, § 5, effective August 7.