Each public body created under this subchapter will be performing functions and will be a public instrumentality of the participating public agencies. Accordingly, all properties at any time owned by the public body, and the income therefrom, shall be exempt from all taxation in the state.
Ark. Code Ann. § 25-20-317
Tax exempt status of property owned and income
Known as the Interlocal Cooperation Act
The act spans §§ 25–25 (85 sections).
Acts 2001, No. 982, § 1.
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.