Arkansas Statutes
§ 26-53-116 — Exemption for sale and purchase of certain vessels
Arkansas·Title 26
The gross receipts and gross proceeds derived from the sale and purchase of vessels, barges, and towboats of at least a fifty-ton load displacement and parts and labor used in the repair and construction of them are exempt from the state compensating tax levied by this subchapter.
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Arkansas § 26-53-116 (Exemption for sale and purchase of certain vessels) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Acts 1979, No. 449, § 1; A.S.A. 1947, § 84-1904.8.
Nearby Sections
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