Tennessee Code 56-25-504 – Tax exemptions
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Terms Used In Tennessee Code 56-25-504
- Society: means fraternal benefit society, unless otherwise indicated. See Tennessee Code 56-25-104
- State: when applied to the different parts of the United States, includes the District of Columbia and the several territories of the United States. See Tennessee Code 1-3-105
Every society organized or licensed under this chapter is declared to be a charitable and benevolent institution, and all of its funds are exempt from all and every state, county, district, municipal and school tax other than taxes on real estate and personal property.