Rhode Island Statutes

§ 44-13-14 — § 44-13-14. Exemption of securities from taxation.

Rhode Island·Title 44 Taxation·Ch. 44-13 Public Service Corporation Tax

§ 44-13-14. Exemption of securities from taxation.

The owners of shares of stock, bonds, debentures, and other evidences of indebtedness of any corporation liable to a tax under this chapter and of any corporation the property of which is operated in this state by any corporation shall be exempt from taxation in this state thereon.

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Rhode Island § 44-13-14 (§ 44-13-14. Exemption of securities from taxation.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

P.L. 1942, ch. 1212, art. 6, § 6; G.L. 1956, § 44-13-14; P.L. 1985, ch. 181, art. 62, § 1.

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