West Virginia § 33-23-29 Fees; exemption of funds and assets from taxation

West Virginia Statutes

§ 33-23-29 — Fees; exemption of funds and assets from taxation

West Virginia § 33-23-29

Ch. 33Â INSURANCE

Art. 23FRATERNAL BENEFIT SOCIETIES

This text of West Virginia § 33-23-29 (Fees; exemption of funds and assets from taxation) is published on Counsel Stack Legal Research, covering West Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

W. Va. Code § 33-23-29 (2026).

Text

(a)Each society shall pay to the commissioner an annual license fee of $50 and a fee of $25 for filing the annual statement of the society, all fees so collected to be used for the purposes specified in section thirteen, article three of this chapter.

(b)Every society licensed under this article is hereby declared to be a charitable and benevolent institution, and all of its funds and assets shall be exempt from all state, county, district and municipal taxes except taxes on real property and office equipment.

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(a) Each society shall pay to the commissioner an annual license fee of $50 and a fee of $25 for filing the annual statement of the society, all fees so collected to be used for the purposes specified in section thirteen, article three of this chapter.

(b) Every society licensed under this article is hereby declared to be a charitable and benevolent institution, and all of its funds and assets shall be exempt from all state, county, district and municipal taxes except taxes on real property and office equipment.