All bonds issued pursuant to this chapter and the income from the bonds shall be exempt from all state, county and municipal taxation, except inheritance, transfer and estate taxes.
Tenn. Code Ann. § 7-55-113
Exemption from taxation
Known as the Industrial Building Bond Act
The act spans §§ 7–7 (16 sections).
Acts 1955, ch. 209, § 15; T.C.A., § 6-2913.
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.