479 - Credit union not liable for taxation.

§ 479. Credit union not liable for taxation.  Any credit union subject  to  the  provisions  of  this article shall be deemed an institution for  savings within the meaning of the law which  exempts  such  institutions  from  taxation.  No  law  which  taxes  corporations in any form, or the  shares thereof or the accumulations therein, shall apply to corporations  doing business in accordance with the provisions of this article, unless  such corporations are specifically named in said law.