26-2138. TAXATION. A credit union shall be deemed an institution for savings and, together with all the accumulations therein, shall not be subject to taxation except as to real estate owned. The shares of a credit union shall not be subject to a stock transfer tax when issued by the corporation or when transferred from one (1) member to another.
History:
[26-2138, added 1977, ch. 213, sec. 2, p. 603.]