Assets of the Plan exempt from taxation

Va. Code Ann. § 23.1-708
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
The assets of the Plan and their income are exempt from state and local taxation. 1994, c. 661 , § 23-38.83; 2000, cc. 382 , 400 ; 2016, c. 588 .
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://law.lis.virginia.gov/vacode/23.1-708/Fetched: 10/16/2026

Starting a business in Virginia? Virginia LLC guide: costs and requirements