South Carolina Statutes
§ 38-38-440 — Designation as charitable and benevolent institution.
Every society organized or licensed under this chapter is declared to be a charitable and benevolent institution, and all of its funds are exempt from every state, county, district, municipal, and school tax other than taxes on real estate not occupied by the society in carrying on its business.
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South Carolina § 38-38-440 (Designation as charitable and benevolent institution.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 2000 Act No. 259, SECTION 1. ARTICLE 11 Regulation
Nearby Sections
15
§ 38-38-10
Fraternal benefit society defined.§ 38-38-110
Membership provisions in bylaws or rules.§ 38-38-140
Waiver of bylaw provisions.§ 38-38-220
Amendment of bylaws; notice to director.§ 38-38-240
Reinsurance.§ 38-38-260
Reorganization into mutual life insurer.