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§ 56 — 56 — U.S. Virgin Islands Law | CourtGPT
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U.S. Virgin Islands Legal Code

56

U.S. Virgin Islands § 56 — U.S. Virgin Islands law

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The Authority shall not be required to pay any taxes or assessments on any property acquired by it for its purposes or on any income derived from any of its authorized activities. The Authority shall retain title to all real property within the park areas, except property owned by the Federal or Territorial Governments.