Section 361.135 - Exemptions of certain lodges, societies and similar charitable or benevolent organizations1. The funds, furniture, paraphernalia and regalia owned by any lodge of the Benevolent Protective Order of Elks, Fraternal Order of Eagles, Free and Accepted Masons, Independent Order of Odd Fellows, Knights of Pythias or Knights of Columbus, or by any similar charitable organization, or by the Lahontan Audubon Society, the National Audubon Society, Inc., of New York, the Defenders of Wildlife of the District of Columbia or any similar benevolent or charitable society, so long as they are used for the legitimate purposes of such lodge or society or for such charitable or benevolent purposes, are exempt from taxation.2. The real estate and fixtures of any such organization or society are exempt from taxation, but when any such property is used for purposes other than those of such organization or society, and a rent or other valuable consideration is received for its use, the property so used must be taxed.3. Where any structure or parcel of land is used partly for the purposes of such organization or society and partly for rental purposes, the area used for rental purposes must be assessed separately and that portion only may be taxed.[Part 1:344:1953; A 1954, 29; 1955, 340]-(NRS A 1967, 982; 1971, 143; 1973, 1670; 2007, 1882)[Part 1:344:1953; A 1954, 29; 1955, 340] - (NRS A 1967, 982; 1971, 143; 1973, 1670; 2007, 1882)