Sec. 33-240. License fee. Exemption from excise and income taxes.
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/ct/title-33/chapter-597-electric-cooperative-act/33-240·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Each cooperative doing business in this state pursuant to this chapter shall pay annually, on or before July first, to the Secretary of the State, a fee of twenty-five dollars, but shall be exempt from all other excise and income taxes.