Connecticut General Statutes 38a-240 – Legal service corporation property exempt from taxes
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All property of any nonprofit legal service corporation as defined in section 38a-230 shall be exempt from state, district and municipal taxes.
Terms Used In Connecticut General Statutes 38a-240
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- State: means any state, district, or territory of the United States. See Connecticut General Statutes 38a-1