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2013 Maryland Code
INSURANCE
§ 8-405 - Taxation of societies


MD Ins Code § 8-405 (2013) What's This?

§8-405.

(a) A society organized or authorized to transact business under this subtitle is deemed to be a charitable and benevolent institution.

(b) The funds of a society organized or authorized to transact business under this subtitle are exempt from all taxes, except taxes on real estate and office equipment.

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