Arkansas Statutes
§ 25-20-414 — Tax-exempt status of property owners and income
Arkansas·Title 25
(a)Each authority created under this subchapter will be performing public functions and will be a public instrumentality of the participating municipal electric utilities.
(b)Accordingly, all properties at any time owned by the authority and the income from the properties, shall be exempt from all taxation in the State of Arkansas.
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Legislative History
Acts 2003, No. 366, § 1.
Nearby Sections
15
§ 25-1-1001
Definitions§ 25-1-1002
List of financial services providers§ 25-1-1003
Divestment of public funds§ 25-1-1004
Investment of public funds§ 25-1-1005
Sources of information§ 25-1-1006
ESG Oversight Committee§ 25-1-102
§ 25-1-102§ 25-1-107
Guidelines for advisory bodies§ 25-1-108
Report§ 25-1-109
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