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New Jersey Statutes, Title: 17, CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE
Chapter 48a:
Section: 17:48a-24: Corporation as charitable and benevolent institution; tax exemption
Any corporation subject to the provisions of this act is hereby declared to be a charitable and benevolent institution, and its funds and property shall be exempt from taxation by the State or any political subdivision thereof.
L.1940, c. 74, p. 198, s. 24.
This section added to the Rutgers Database: 2013-06-10 16:36:30.
Older versions of 17:48a-24 (if available):
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