Certificates of indebtedness issued under the provisions of this subchapter, and the interest thereon, shall be exempt from all state, county, and municipal taxes. This exemption shall include income, property, inheritance, and estate taxes.
Ark. Code Ann. § 22-3-1211
Certificates of indebtedness — Tax exemption
Acts 1983, No. 458, § 15; A.S.A. 1947, § 13-2615.
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.