(1) Bonds issued under the provisions of this subchapter shall be exempt from all state, county, and municipal taxes.
(2) This exemption shall include income taxation and inheritance taxation.
Ark. Code Ann. § 14-360-312
Borrowing of funds and revenue bonds — Exemption from certain taxes
Acts 1959, No. 175, § 4; 1970 (Ex
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.