§ 72-12-c

72:12-c Exemption. – Ski area machinery and equipment of every kind and description, except tramway towers, shall be exempt from taxation as real estate if it meets all of the following qualifications: I. It is used or useful in the operation of a passenger tramway or in the production of man-made snow, including: cables, sheaves assemblies, carriers, pipe lines, compressors, pumps, electrical apparatus; II. It is not permanently affixed to the real estate upon which it is located; and III. It is capable of being removed from the real estate. Source. 1981, 237:1, eff. Aug. 10, 1981.