(1) Bonds issued under the provisions of this subchapter shall be exempt from all state, county, and municipal taxes.
(2) This exemption includes income, estate, and inheritance taxes.
Ark. Code Ann. § 14-186-312
Bonds — Tax exemption
Acts 1937, No. 231, § 17; Pope's Dig., § 9721; Acts 1973, No. 87, § 5; A.S.A. 1947, § 19-2716.
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.