Opinion No.

The Honorable John S. Fitch State Senator Rural Route 1 Hindsville, Arkansas 72738

Dear Senator Fitch:

This is in response to your request for an opinion on the taxable status of a particular piece of property located in the City of Leslie, Arkansas. Your correspondence indicates that the property at issue is a "community medical facility" owned by the Leslie Community Medical Facility Association ("Association") (an Arkansas nonprofit corporation), and leased to a medical doctor and one other individual. You note that the property has been owned by the Association since 1961, but was not…