New Jersey § 17:48-18 Corporation as charitable and benevolent institution; exemption from taxation

New Jersey Statutes

§ 17:48-18 — Corporation as charitable and benevolent institution; exemption from taxation

New Jersey·Title 17 CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE

Every corporation subject to the provisions of this chapter is hereby declared to be a charitable and benevolent institution and all of its funds shall be exempt from every State, county, district, municipal and school tax other than taxes on real estate and equipment. L.1938, c. 366, p. 939, s. 18.

Free access — add to your briefcase to read the full text and ask questions with AI

New Jersey § 17:48-18 (Corporation as charitable and benevolent institution; exemption from taxation) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.