{"data":{"id":"us-ak/as-06.45.230","jurisdiction":"us-ak","citation":"AS 06.45.230","heading":"Exemption from taxation.","body":"A credit union organized under this chapter, its property, franchises, capital, reserves, surpluses, and other funds, and its income are exempt from taxation by the state or a political subdivision of the state, except that real property and tangible personal property owned by a credit union is subject to taxation to the same extent that similar property is taxed. This section does not prevent holdings in a credit union organized under this chapter from being included in the valuation of the personal property of the owners or holders under taxes imposed by the state or a political subdivision of the state.","path":["Title 6. Banks and Financial Institutions.","Chapter 45. Alaska Credit Union Act."],"source_url":"https://www.akleg.gov/basis/statutes.asp#06.45.230","current_through":"Alaska Statutes 2025 (34th Legislature, 2025-2026)","vintage":"","retrieved_at":"2026-09-02T06:16:15Z","sha256":"449ab0bd4774d4acf6643a772f6b14d7120dd9d53ea933e5cc11e8d9eafd8e4d","source_id":"us-ak","stale":false,"prev":"us-ak/as-06.45.220","next":"us-ak/as-06.45.240"},"notice":"GroundRules: Original legal text. Not legal advice."}