Every society organized or licensed under this chapter is hereby declared to be a charitable and benevolent institution, and all of its funds shall be exempt from all and every state, county, district, municipal and school tax, other than taxes on real estate and office equipment. [1987 c.490 § 24]

Ask a business law question, get an answer ASAP!
Thousands of highly rated, verified business lawyers.
Click here to chat with a lawyer about your rights.

[Formerly 740.840; repealed by 1987 c.490 § 58]

[Formerly 740.850; repealed by 1987 c.490 § 58]

[Formerly 740.860; repealed by 1987 c.490 § 58]

[1967 c.359 § 642; repealed by 1987 c.490 § 58]

ENFORCEMENT