West Virginia § 31-20-19 - 31-20-19. Tax exemption.
Full text of West Virginia West Virginia Code § 31-20-19 — 31-20-19. Tax exemption., with citation guidance and answers to common questions.
§ 31-20-19. 31-20-19. Tax exemption.
The exercise of the powers granted to the authority by this article will be in all respects for the benefit of the people of the state for the improvement of their safety, convenience and welfare. Since the operation and maintenance of correctional facilities and correctional facility industries projects will constitute the performance of essential governmental functions, the authority is not required to pay any taxes or assessments upon any such facilities or projects or upon any property acquired or used by the authority or upon the income therefrom. Such bonds, security interests and notes and all interest and income thereon are exempt from all taxation by this state, or any county, municipality, political subdivision or agency thereof, except inheritance taxes.
Source: official West Virginia text · Last verified 2026-08-27
Frequently Asked Questions About West Virginia § 31-20-19
What does West Virginia Code § 31-20-19 cover?
Section 31-20-19 ("31-20-19. Tax exemption.") is part of the West Virginia Code, the codified statutory law of West Virginia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite West Virginia § 31-20-19?
A common citation format is "West Virginia Code § 31-20-19" (West Virginia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of West Virginia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the West Virginia official source linked on this page or consult a licensed West Virginia attorney.
How does West Virginia § 31-20-19 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in West Virginia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in West Virginia.