Statutes, codes, and regulations
New Jersey Statutes
Title 17 - CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE
Chapter 17:48
Section 17:48-18 - Corporation as charitable and benevolent institution; exemption from taxation

N.J. Stat. § 17:48-18

Download
PDF
Current through L. 2024, c. 87.
Section 17:48-18 - Corporation as charitable and benevolent institution; exemption from taxation

Every corporation subject to the provisions of this chapter is hereby declared to be a charitable and benevolent institution and all of its funds shall be exempt from every State, county, district, municipal and school tax other than taxes on real estate and equipment.

N.J.S. § 17:48-18

L.1938, c.366, p.939, s.18.