Arkansas Statutes

§ 15-20-1312 — Bonds exempt from state, county, and municipal taxes

Arkansas·Title 15
Bonds and the interest on the bonds issued under this subchapter are exempt from state, county, and municipal taxes, including income taxes, inheritance taxes, and property taxes. The bonds shall be eligible to secure deposits of all public funds and shall be legal for investment of bank funds, fiduciary funds, insurance company funds, trust funds, and public funds.

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Arkansas § 15-20-1312 (Bonds exempt from state, county, and municipal taxes) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Acts 2007, No. 631, § 1.

Nearby Sections

15
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