§ 307. Documents Relating to Associations or Corporations and Members, Partners, Stockholders, or Shareholders Thereof.
Except as otherwise provided in § 306, documents which, make, confirm, or evidence any transfer or demise of title to real estate between associations or corporations and the members, partners, shareholders, or stockholders thereof are fully taxable. For the purpose of this section, corporations and associations are entities separate from their members, partners, stockholders, and shareholders.
(Ord. 205, § 541.07, 7- 8-87)