Connecticut Statutes

§ 33-240 — License fee. Exemption from excise and income taxes.

Connecticut § 33-240
JurisdictionConnecticut
Title 33Corporations
Ch. 597Electric Cooperative Act

This text of Connecticut § 33-240 (License fee. Exemption from excise and income taxes.) is published on Counsel Stack Legal Research, covering Connecticut primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Conn. Gen. Stat. § 33-240 (2026).

Text

Each cooperative doing business in this state pursuant to this chapter shall pay annually, on or before July first, to the Secretary of the State, a fee of twenty-five dollars, but shall be exempt from all other excise and income taxes.

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Legislative History

(1949 Rev., S. 5349; May Sp. Sess. P.A. 92-6, S. 92, 117.) History: May Sp. Sess. P.A. 92-6 raised fee from $10 to $25. The legislature has wide discretion in the classification of property for taxation and in granting exemptions. 142 C. 483.

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Bluebook (online)
Connecticut § 33-240, Counsel Stack Legal Research, https://law.counselstack.com/statute/ct/33-240.