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Code · Maryland · Insurance

§ 8-405

50 words·~1 min read·/md/insurance/8-405

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§8–405.
(a)A society organized or authorized to transact business under this subtitle is deemed to be a charitable and benevolent institution.
(b)The funds of a society organized or authorized to transact business under this subtitle are exempt from all taxes, except taxes on real estate and office equipment.
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