Every society organized or licensed under this chapter is hereby declared to be a charitable and benevolent institution, and all of its funds shall be exempt from every state, county, district, municipal and school tax other than taxes on real estate and office equipment.

Terms Used In Virginia Code 38.2-4124

  • real estate: includes lands, tenements and hereditaments, and all rights and appurtenances thereto and interests therein, other than a chattel interest. See Virginia Code 1-219
  • Society: means fraternal benefit society, unless otherwise indicated. See Virginia Code 38.2-4103
  • State: means any commonwealth, state, territory, district or insular possession of the United States. See Virginia Code 38.2-100

Code 1950, §§ 38-262, 38.1-577; 1952, c. 317, § 38.1-638.9; 1968, c. 654; 1986, c. 562.

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