Alaska Constitution

Article 91, § 19 — Tax Exemption

Alaska Const. art. 91, § 19

Alaska Const. art. 91, § 19 (Tax Exemption) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

JurisdictionAlaskaDocumentConstitution
Article91
Section§ 19
CitationAlaska Const. art. 91, § 19
Bluebook
Alaska Const. art. 91, § 19.

Full Text

(a) (1) All bonds issued under this amendment and interest on the bonds shall be exempt from all taxes of the State of Arkansas, including income, inheritance, and property taxes. (2) Profits from the sale of the bonds shall also be exempt from income taxes. (b) The bonds shall be eligible to secure deposits of all public funds and shall be legal for investment of municipal, county, bank, fiduciary, insurance company, and trust funds.

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History

Effective: 2012-11-06