Bonds issued under the provisions of this chapter, and the interest thereon, shall be exempt from all state, county, and municipal taxes. This exemption shall include income, inheritance, and estate taxes.
Ark. Code Ann. § 14-217-114
Bonds — Tax exemption
Known as the General Consolidated Public Utility System Improvement District Law
The act spans §§ 14-217-101 to 14-217-115 (15 sections).
Acts 1975, No. 490, § 12; A.S.A. 1947, § 20-1912.
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.