{"data":{"id":"us-nj/n.j.-stat.-54-4-20","jurisdiction":"us-nj","citation":"N.J. Stat. § 54:4-20","heading":"Exemption of personal property of life insurance companies subject  to franchise tax","body":"The personal property of whatever kind and wherever located of any life insurance company incorporated under any law of this State subject under any law of this State to a franchise tax imposed upon it for the privilege of carrying on its business shall be and is hereby expressly exempted from taxation.\nAmended by L.1945, c. 132, p. 492, s. 9;  L.1950, c. 101, p. 194, s. 12.","path":["TITLE 54 TAXATION"],"source_url":"https://pub.njleg.state.nj.us/statutes/STATUTES-TEXT.zip","current_through":"P.L.2025, c.405, and J.R.22","vintage":"","retrieved_at":"2026-08-27T17:54:13Z","sha256":"d3336831d914c11a77232e8218fe2a6d67a7c337c8ee969d923ab250443ccf56","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-54-4-17","next":"us-nj/n.j.-stat.-54-4-23"},"notice":"GroundRules: Original legal text. Not legal advice."}