Massachusetts Statutes

§ 16 — Fund declared to be charitable and benevolent institution; exemption from taxes

Massachusetts § 16
JurisdictionMassachusetts
Part IADMINISTRATION OF THE GOVERNMENT
Title XXIICORPORATIONS
Ch. 175FMEDICAL MALPRACTICE SELF–INSURANCE TRUST FUNDS

This text of Massachusetts § 16 (Fund declared to be charitable and benevolent institution; exemption from taxes) is published on Counsel Stack Legal Research, covering Massachusetts primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Mass. Gen. Laws ch. 175F, § 16 (2026).

Text

Section 16. A fund is hereby declared to be a charitable and benevolent institution, and all of its assets shall be exempt from all and every state, county, district, municipal and school tax, if all of its participants qualify for exemption from federal taxes under 26 U.S.C. Section 501, or qualify for the exclusion from gross income provided under 26 U.S.C. Section 115.

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Related

§ 501
26 U.S.C. § 501
§ 115
26 U.S.C. § 115
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Bluebook (online)
Massachusetts § 16, Counsel Stack Legal Research, https://law.counselstack.com/statute/ma/175F/16.