...CORPORATIONS. ] [The following organizations shall be exempt from taxation under this chapter — ] (10) Benevolent life Insurance associations of a purely...consists of amounts collected from members for the sole pur' pose of meeting losses and expenses; § 19.101 (10)-1 Local benevolent life insurance associations,...

...CORPORATIO.NS.l [The following organizations shall be exempt from taxation under this title — l (10) Benevolent life insurance associations of a purely...only if 85 per centum or more of the income consists oC amounts collected from members for the sole purpose of meeting losses and expenses ; 3.101 (10)-1...

...purposes, no part of the net earnings of which inures to the benefit of any private shareholder. "(12) Benevolent life insurance associations of a purely...organizations; but only if 85 per centum or more of the income consist of amounts collected from members for the sole purpose of meeting losses and expenses. "(14)...

...(other than through such payments) to the benefit of any private shareholder or individual, and (B) each third year thereafter. The first year of each...such three-year period, or, In case of a corporati making such payments and meeting expenses; (17) Teachers' retirement fund associations of a purely...

...(other than through such payments) to the benefit of any private shareholder or Individual, and (II) 85 per centum or more of the Income consists of amounts collected from members for the sole purpose of making such payments and meeting expenses; (D) Service performed In the employ of a voluntary employees'...

...their net earnings inures to the benefit of any private shareholder or individual, and (2) 85 percent or more of the income consists of amounts collected from members for the sole purpose of making such payments and meeting expenses.110 Under the acts prior to the Revenue Act of 1924 employees'...

...purposes, no part of the net earnings of which Inures to the benefit of any private shareholder; (10) Benevolent life Insurance associations of a purely...telephone companies, or like organizations; but only li 85 per centum or more of the Income consists of amounts collected from members for the sole purpose...

...assessments on the teaching salaries of members, and income in respect of investments. (12) Benevolent Ufe insurance associations of a purely local character,...telephone companies, or like organizations; but only if 85 percent or more of the income consists of amounts collected from members for the sole purpose of meeting...

...the present Internal Revenue Code is section 501 (c) (12) which includes among exempt organizations, Benevolent life insurance associations of a purely...telephone companies, or like organizations; but only if 85 percent or more of the income consists of amounts collected from members for the sole purpose of meeting...

...the present Internal Revenue Code is section 501 (c) (12) which includes among exempt organizations, Benevolent life Insurance associations of a purely...companies, or like organizations ; but only if 85 percent or more of the income consists ot amounts collected from members for the sole purpose of meeting...