Reserved right of taxation.

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The State reserves the right to declare its policy in reference to the method of taxation to be applied to corporations chartered hereunder and to impose upon and collect such license or royalties upon corporations organized hereunder and the business authorized to be conducted as it may deem wise.

HISTORY: 1962 Code Section 58-673; 1952 Code Section 58-673; 1942 Code Section 8179; 1932 Code Section 8179; Civ. C. '22 Section 4359; Civ. C. '12 Section 2873; Civ. C. '02 Section 1917; 1899 (23) 64; 1921 (32) 146; 1927 (35) 30.


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