New Jersey Statutes

§ 54:4-20 — Exemption of personal property of life insurance companies subject to franchise tax

New Jersey § 54:4-20
JurisdictionNew Jersey
Title 54TAXATION

This text of New Jersey § 54:4-20 (Exemption of personal property of life insurance companies subject to franchise tax) is published on Counsel Stack Legal Research, covering New Jersey primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
N.J. Stat. Ann. § 54:4-20 (2026).

Text

The personal property of whatever kind and wherever located of any life insurance company incorporated under any law of this State subject under any law of this State to a franchise tax imposed upon it for the privilege of carrying on its business shall be and is hereby expressly exempted from taxation. Amended by L.1945, c. 132, p. 492, s. 9; L.1950, c. 101, p. 194, s. 12.

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Bluebook (online)
New Jersey § 54:4-20, Counsel Stack Legal Research, https://law.counselstack.com/statute/nj/54/54%3A4-20.