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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>59062</law_id><section_number>38.2-4124</section_number><catch_line>Taxation</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><structure><unit label="title" level="1" order_by="1" identifier="38.2">Insurance</unit><unit label="chapter" level="2" order_by="1" identifier="41">Fraternal Benefit Societies</unit><unit label="article" level="3" order_by="1" identifier="6">Regulation</unit></structure><text>
						<section><p>Every <span class="dictionary">society</span> 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 <span class="dictionary">state</span>, county, district, municipal and school tax other than taxes on real estate and office equipment.</p></section></text><history>Code 1950, &#xA7;&#xA7; 38-262, 38.1-577; 1952, c. 317, &#xA7; 38.1-638.9; 1968, c. 654; 1986, c. 562.</history><metadata></metadata></law>
