§ 7-209. Fire companies and rescue squads

   Property is not subject to property tax if the property:

   (1) is owned by an incorporated, nonprofit fire company or rescue squad; and

   (2) is necessary for and actually used exclusively for the purposes of the fire company or rescue squad, including property that:

      (i) is used for:

         1. training; or

         2. fund raising at carnivals or bazaars;

      (ii) is held in an advanced land acquisition program of the fire company or rescue squad;

      (iii) is leased for not more than 60 days during any 12-month period, if:

         1. the property is used for a purpose that is related to the purposes of the fire company or rescue squad; and

         2. the rent that is received from the property is used exclusively for the purposes of the fire company or rescue squad;

      (iv) is leased to any nonprofit organization, if:

         1. the property is used for a purpose that is related to the purposes of the fire company or rescue squad; and

         2. the rent that is received from the property is used exclusively for the purposes of the fire company or rescue squad; or

      (v) is used as a residence for an individual who:

         1. is responsible for taking care of property owned by the fire company or rescue squad;

         2. is a member of the fire company or rescue squad;

         3. is not an employee of the fire company or rescue squad; and

         4. is not under an obligation to pay for the use of the property.

HISTORY: An. Code 1957, art. 81, § 9; 1985, ch. 8, § 2; 1989, ch. 743.