Except as otherwise provided in § 35.25, documents which make, confirm or evidence any transfer or devise of title to real estate between associations or corporations and the members, partners, shareholders or stockholders thereof are fully taxable. For the purposes of this subchapter, corporations and associations are entities separate from their members, partners, stockholders or shareholders.
(2003 Code, § 151-14) (Ord. 1-87, passed 4-7-1987)