§ 10993
48 words·~1 min read·
/ca/insurance-code/10993A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Every fraternal benefit society organized or admitted under this chapter is hereby declared to be a charitable and benevolent institution, and all of its funds shall be exempt from all and every state, county, district, municipal and school tax, other than taxes on real estate and office equipment.