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Code · Nebraska · Chapter 44 — Insurance

44-1095. Funds and property; exempt from taxation.

69 words·~1 min read·/ne/chapter-44/44-1095

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Every society organized or licensed under sections 44-1072 to 44-10,109 shall be a charitable and benevolent institution, and all of its funds and property shall be exempt from all and every state, county, district, municipal, and school tax.
This section does not exempt a fraternal benefit society from paying sales and use taxes. Woodmen of the World v. Nebraska Dept. of Rev., 299 Neb. 43, 907 N.W.2d 1 (2018).
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