The revenue bonds shall be exempt from all taxation, state, county, and municipal. This exemption includes income taxation and inheritance taxation.
Ark. Code Ann. § 14-234-218
Bonds — Tax exemption
Acts 1933, No. 131, § 18; A.S.A. 1947, § 19-4217.
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.