Arkansas § 14-362-121 Exemption from taxation

Arkansas Statutes

§ 14-362-121 — Exemption from taxation

Arkansas § 14-362-121

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This text of Arkansas § 14-362-121 (Exemption from taxation) 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. § 14-362-121 (2026).

Text

(a)Each authority shall be exempt from the payment of any taxes or fees to the state, or any subdivision thereof, or to any office or employee of the state, or of any subdivision thereof.

(b)(1) The property of each authority shall be exempt from all local and municipal taxes.

(2)Bonds, notes, debentures, and other evidence of indebtedness of the authority are declared to be issued for a public purpose and to be public instrumentalities and, together with interest thereon, shall be exempt from taxes.

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(a) Each authority shall be exempt from the payment of any taxes or fees to the state, or any subdivision thereof, or to any office or employee of the state, or of any subdivision thereof. (b) (1) The property of each authority shall be exempt from all local and municipal taxes. (2) Bonds, notes, debentures, and other evidence of indebtedness of the authority are declared to be issued for a public purpose and to be public instrumentalities and, together with interest thereon, shall be exempt from taxes.