(a) Any tax imposed pursuant to this chapter shall not apply to the United States or any agency or instrumentality thereof, any state or territory, or political subdivision thereof, or the District of Columbia with respect to any instrument to which the exempt agency is a party, or when the exempt agency is accepting title, but the tax may be collected by assessment from any other party liable therefor.
(b) Any tax imposed pursuant to this chapter shall not apply with respect to any instrument by which realty is conveyed by the United States or any agency or instrumentality thereof, any state or territory, or political subdivision thereof, or the District of Columbia, pursuant to any agreement whereby the purchaser agrees to immediately reconvey the realty to the exempt agency.
(c) Any tax imposed pursuant to this chapter shall not apply with respect to any instrument by which the United States or any agency or instrumentality thereof, any state or territory, or political subdivision thereof, or the District of Columbia, conveys to a nonprofit corporation realty, the acquisition, construction, or improvement of which was financed or refinanced by obligations issued by the nonprofit corporation on behalf of a government agency, within the meaning of Section 1.103-1 (b) of Title 26 of the Code of Federal Regulations, as amended.
(Ord. 4073 § 6, 1992: Ord. 2398 § 1 (part), 1967)