Arkansas § 6-62-720 Bond - Tax exemption - Legal investments

Arkansas Statutes

§ 6-62-720 — Bond - Tax exemption - Legal investments

Arkansas § 6-62-720

Title6

This text of Arkansas § 6-62-720 (Bond - Tax exemption - Legal investments) 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. § 6-62-720 (2026).

Text

(a)All bonds issued under this subchapter, and interest thereon, shall be exempt from all taxes of the State of Arkansas, including income, inheritance, and property taxes.

(b)The bonds shall be eligible to secure deposits of all public funds and shall be legal for investment of municipal, county, bank, fiduciary, insurance company, and trust funds.

Free access — add to your briefcase to read the full text and ask questions with AI