43-1201. Organizations exempt from tax
(Caution: 1998 Prop. 105 applies)
A. Except as otherwise provided in this chapter, the following organizations are exempt from the taxes imposed under this title:
1. Organizations that are exempt from federal income tax under section 501 of the internal revenue code.
2. Insurance companies that pay to this state a tax on premium income derived from sources within this state.
B. Nonprofit medical marijuana dispensaries under title 36, chapter 28.1, are exempt from the taxes imposed under this title.