Bonds issued under this chapter and the income therefrom shall be exempt from all state, county, and municipal taxes. This exemption includes income and estate taxes.
Ark. Code Ann. § 14-238-120
Bonds tax exempt
Known as the Rural Waterworks Facilities Boards Act
The act spans §§ 14-238-101 to 14-238-124 (24 sections).
Acts 1995, No. 617, § 18.
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.