New Jersey · Through P.L.2025, c.405, and J.R.22 · Newer source version available

N.J. Stat. § 17:48-18: Corporation as charitable and benevolent institution; exemption from taxation

Where this section sits in the code

TITLE 17 CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE

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.

Collected 2026-08-27T17:54:13Z. Source file · JSON

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