TITLE XXXVII
INSURANCE

CHAPTER 418
FRATERNAL BENEFIT SOCIETIES

Section 418:23

    418:23 Taxation. – Every society organized or licensed under this chapter is hereby declared to be a charitable and benevolent institution, and all of its funds shall be exempt from all and every state, county, and municipal tax, other than taxes on real estate and office equipment.

Source. 2003, 182:1, eff. Jan. 1, 2004.