The state covenants with the owners of any registered public obligations that it will not amend or repeal this subchapter if the effect may be to impair the exemption from income taxation of interest on registered public obligations.
Ark. Code Ann. § 19-9-414
Exemption of interest from taxation
Acts 1983, No. 786, § 14; A.S.A. 1947, § 13-2814.
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.