§ 9-1-83. Building and loan associations.

Latest version.

(a)

Every building and loan association having its principal office in the city shall pay for the privilege of doing business a license tax of $50.

(b)

A building and loan association or company which does business on a purely mutual plan, and makes loans only to stockholders, organized in the city and confines its business solely to the city and counties immediately contiguous thereto, shall pay a license tax of $50. (Code 1963, Sec. 20-83)

                    
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