The income from any bonds, notes, certificates, or other evidences of indebtedness issued by any city, town, or other political subdivision, under the provisions of this chapter or any other general or special law, shall at all times be free from taxation by the state or any political subdivision or other instrumentality of the state.
R.I. Gen. Laws § 45-12-23
Tax exemption
P.L. 1979, ch. 356, § 1.
Official source: Rhode Island General Assembly. Reproduced from public-domain Rhode Island statutes; confirm against the official source for the current text. Not legal advice.