{"data":{"id":"us-dc/d.c.-code-26-511.01","jurisdiction":"us-dc","citation":"D.C. Code § 26-511.01","heading":"Tax exemption.","body":"(a)\nCredit unions organized under District law, their property, their franchises, capital, reserves, surpluses, and other funds, and their income shall be exempt from all taxation imposed by the District; except, that real property and tangible personal property of a District credit union shall be subject to District taxation to the same extent as other similar property is taxed.\n\n(b)\nThe participation by a District credit union in any government program providing unemployment, social security, old age pension, or other benefits shall not be deemed a waiver of the taxation exemption granted under this section.","path":["Title 26. Banks and Other Financial Institutions.","Chapter 5. Credit Unions.","Subchapter I. Credit Union Act of 2020.","Part K. Tax Exemption; Compliance Review."],"source_url":"https://code.dccouncil.gov/us/dc/council/code/sections/26-511.01","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"f34b99f68edb721436ca8301276726f0166f50b9032da161d6f276128b64bd6c","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-26-510.10","next":"us-dc/d.c.-code-26-511.02"},"notice":"GroundRules: Original legal text. Not legal advice."}