New Jersey Revised Statutes § 17:48a-24 - Corporation As Charitable And Benevolent Institution; Tax Exemption

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.


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Last modified: October 11, 2016