§33-23-29. Fees; exemption of funds and assets from taxation.
(a) Each society shall pay to the commissioner an annual
license fee of fifty dollars and a fee of twenty-five dollars for
filing the annual statement of the society, all fees so collected
to be used for the purposes specified in section thirteen,
article three of this chapter.
(b) Every society licensed under this article is hereby
declared to be a charitable and benevolent institution, and all
of its funds and assets shall be exempt from all state, county,
district and municipal taxes except taxes on real property and