There is a newer version of the New Jersey Revised Statutes
2013 New Jersey Revised Statutes
Title 17 - CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE
Section 17:48-18 - Corporation as charitable and benevolent institution; exemption from taxation
NJ Rev Stat § 17:48-18 (2013) What's This?
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.
L.1938, c. 366, p. 939, s. 18.
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