2016 Mississippi Code
Title 83 - Insurance
Chapter 29 - Fraternal Societies
§ 83-29-57. Taxation

MS Code § 83-29-57 (2016) What's This?

Every fraternal benefit 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, district, municipal and state tax other than insurance license taxes as defined by Section 27-15-83 and ad valorem taxes on real estate, office equipment and motor vehicles.

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