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Ark. Code Ann. § 14-138-119

Bonds — Tax exemption

Acts 1967, No. 409, § 17; A.S.A. 1947, § 19-5117.

The principal of and interest on bonds issued under the authority of this chapter shall be exempt from all state, county, and municipal taxes. This exemption shall include income, inheritance, and estate taxes.

Current official text: Arkansas General Assembly. Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Arkansas statutes; confirm against the official source for the current text. Not legal advice.