{"data":{"id":"us-ar/ark.-code-ann.-23-75-120","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 23-75-120","heading":"Tax exemptions","body":"(a) Every corporation doing business pursuant to this chapter is declared to be a nonprofit and benevolent institution.\n\n(b) The corporations are exempt from state, county, district, municipal, and school tax, including the taxes prescribed by this code, and excepting only tax on net direct written premiums under § 23-75-119 and § 26-57-601 et seq. and applicable fees prescribed by § 23-61-401 and other sections of this code, or the Insurance Commissioner's rules applicable to hospital and medical service corporations, and taxes on real and tangible personal property situated in this state.","path":["AR Code","Title 23","Chapter 75"],"source_url":"https://oss-data-us.vaquill.ai/v2026.08/us_ar_statutes.parquet","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:41Z","sha256":"38b42431fb165d8895aefa7b6021b2be87a516abc0bb0b1d94b15421acbfc698","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-23-75-119","next":"us-ar/ark.-code-ann.-23-75-121"},"notice":"GroundRules: Original legal text. Not legal advice."}