Bonds issued under the provisions of this chapter, and the interest thereon, shall be exempt from all state, county, and municipal taxes, including property, income, inheritance, and estate taxes.
Ark. Code Ann. § 14-203-117
Bonds — Tax exemption
Known as the Municipal Electric System Financing Act
The act spans §§ 14–14 (18 sections).
Acts 1983, No. 441, § 8; A.S.A. 1947, § 19-6008.
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.