All property that is:

1. (1) part of a county world war memorial;
2. (2) part of a joint county and city world war memorial;
3. (3) used in connection with a world war memorial; or

4. (4) acquired by a county or jointly by a county and a city located in the county for any purpose authorized by this chapter;

   is exempt from taxation for all purposes.

   [Pre-2003 Recodification Citation: 10-7-1-20.]

As added by P.L.2-2003, SEC.9.