SEC. 83-29-57. Taxation.
Every fraternal benefit 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 all and every state, county, district, municipal and state tax other than insurance license taxes as defined by section 27-15-83 and ad valorem taxes on real estate, office equipment and motor vehicles.
SOURCES: Codes, 1930, Sec. 5259; 1942, Sec. 5773; 1978, ch. 441, Sec. 7, eff from and after July 1, 1978.