West Virginia Statutes

§ 31-14-4 — Issuance of charter; exemption from license tax

West Virginia·Ch. 31 CORPORATIONS·Art. 14 WEST VIRGINIA BUSINESS DEVELOPMENT CORPORATIONS
Upon the filing in the office of the Secretary of State of the agreement provided for in section two of this article, the Secretary of State shall issue his certificate as provided in section seven, article one of this chapter, except that the Secretary of State shall not require the payment of the license tax provided for in sections seventy-eight and seventy-nine, article twelve, chapter eleven of the Code of West Virginia, 1931, as amended. A corporation organized under the provisions of this article shall be exempt from such license tax.

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Legislative History

1959 Reg. Sess., SB273

Nearby Sections

15
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