TITLE 33. INSURANCE AND INSURANCE COMPANIES

CHAPTER 7. FRATERNAL BENEFIT SOCIETIES

Part 4. Finance

Taxation

33-7-410. Taxation. A society organized or licensed under this chapter is a charitable and benevolent institution, and all of its funds are exempt from all state, county, district, municipal, and school taxes other than taxes on real estate and office equipment.

History: En. Sec. 24, Ch. 586, L. 1991.