§ 1511. Tax exemption
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/usc/title-7/section-1511A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The Corporation, including its franchise, its capital, reserves, and surplus, and its income and property, shall be exempt from all taxation on or after February 16, 1938, imposed by the United States or by any Territory, dependency, or possession thereof, or by any State, county, municipality, or local taxing authority. A contract of insurance of the Corporation, and a contract of insurance reinsured by the Corporation, shall be exempt from taxation imposed by any State, municipality, or local taxing authority.
(Feb. 16, 1938, ch. 30, title V, § 511, 52 Stat. 75; Pub. L. 103–354, title I, § 108, Oct. 13, 1994, 108 Stat. 3197.)
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- Feb. 16, 1938, ch. 30
- 52 Stat. 75
- Pub. L. 103–354, title I, § 108
- 108 Stat. 3197
- Pub. L. 103–354
- section 120 of Pub. L. 103–354
- 60 Stat. 1100
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§ 1511
Tax exemption
Stat. Comp.×1
ActFeb. 16, 1938, ch. 30
Stat.52 Stat. 75
Pub. L.Pub. L. 103–354, title I, § 108
Stat.108 Stat. 3197
Pub. L.Pub. L. 103–354
Cites 10 · showing 8Cited by 1 across 1 source