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Tenn. Code Ann. § 7-37-114

Tax exemption of bonds

Known as the Industrial Building Revenue Bond Act

The act spans §§ 7–7 (16 sections).

Acts 1951, ch. 137, § 12 (Williams, § 4406.53l ); T.C.A

All bonds and the income from the bonds issued pursuant to this chapter shall be exempt from all state, county, and municipal taxation, except inheritance, transfer and estate taxes, except as otherwise provided in this code.

Current official text: Tennessee Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Tennessee statutes; confirm against the official source for the current text. Not legal advice.