Section 616.10. Exemption from taxation.

  Every mutual designated a school benefit insurer under s. 616.03 , every plan authorized under s. 616.06 , and every corporation organized under s. 616.08 is declared to be a charitable and benevolent corporation, and its property, real, personal and mixed, and its income and property transferred to it, are exempt from taxation as provided in ss. 70.11 , 71.26 (1) (a) and 71.45 (1) (a) .

1979 c. 261 ; 1987 a. 27 s. 3202 (47) (a) ; 1987 a. 312 s. 17 ; 2007 a. 20 .