Any tax imposed pursuant to this chapter shall not apply with respect to any deed, instrument or other writing by which the state, any political subdivision thereof or agency or instrumentality of either thereof, conveys to a non-profit corporation realty the acquisition, construction or improvement of which was financed or refinanced by obligations issued by the non-profit corporation on behalf of a governmental unit, within the meaning of 26 C.F.R. § 1.103-1(b).
(Ord. 2008-02, passed 10-1-2008)