17:48E-41. Health service corporation, exemption from taxes
A health service corporation subject to the provisions of this act 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 and taxes on premiums pursuant to P.L.1945, C. 132 (54:18A-1. Annual tax return; payment by companies; dates due; credit et seq.) as provided by section 16 of that act (54:18A-9 Inapplicability to fraternal beneficiary society, certain insurance companieS.).
L.1985, C. 236, S.41; amended 1989,C. 295,S.2.
Original Text maintained by the State of New Jersey:
Disclaimer: Always check for the most up to date language of a statute. Every time a new law is enacted it has a possibility of changing the wording of a statute or override case law. These pages were created to assist in looking up and migrating between statutes easily. No accuracy is guaranteed. If you need help with researching law, contact an attorney.