Arkansas § 14-238-121 Property exempt

Arkansas Statutes

§ 14-238-121 — Property exempt

Arkansas § 14-238-121

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This text of Arkansas § 14-238-121 (Property exempt) is published on Counsel Stack Legal Research, covering Arkansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ark. Code Ann. § 14-238-121 (2026).

Text

(a)It is declared that each board created pursuant to this subchapter will be performing public functions and will be a public instrumentality of the county creating the board. Accordingly, all properties at any time owned by the board and the income therefrom shall be exempt from all taxation in the State of Arkansas.

(b)Bonds issued under the provisions of this chapter shall be eligible to secure the deposit of public funds.

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(a) It is declared that each board created pursuant to this subchapter will be performing public functions and will be a public instrumentality of the county creating the board. Accordingly, all properties at any time owned by the board and the income therefrom shall be exempt from all taxation in the State of Arkansas. (b) Bonds issued under the provisions of this chapter shall be eligible to secure the deposit of public funds.