Every society organized or licensed under this chapter is declared to be a charitable and benevolent institution, and all of its funds are exempt from all and every state, county, district, municipal and school tax other than taxes on real estate and personal property.
Tenn. Code Ann. § 56-25-504
Tax exemptions
Known as the Tennessee Insurance Law
The act spans §§ 56–56 (1,220 sections).
Acts 1990, ch. 703, § 1; T.C.A. § 56-25-1504.
Current official text: Tennessee Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Tennessee statutes; confirm against the official source for the current text. Not legal advice.