Annual tax.
R.I. Gen. Laws § 7-7-21
in effect7-7-21. Annual tax.
Each association organized under the provisions of this chapter shall pay to the state
an annual tax of five dollars ($5.00) that shall be assessed by the tax administrator
at the same time and in the same manner, and is due and payable to, and may be collected
by, the general treasurer at the same time and in the same manner as the annual corporation
franchise tax provided for by § 44-12-1 [repealed] is assessed, due, payable, and collected; and the association is exempt
from all state taxes except the one prescribed in this section.
P.L. 1928, ch. 1202, § 15; G.L. 1938, ch. 117, § 15; impl. am. P.L. 1939, ch. 660,
§ 70; G.L. 1956, § 7-7-21.
Source: State of Rhode Island General Assembly (rilegislature.gov)URL: https://webserver.rilegislature.gov/Statutes/TITLE7/7-7/7-7-21.htmFetched: 10/20/2026