Rhode Island § 45-12-23 § 45-12-23. Tax exemption.

Rhode Island Statutes

§ 45-12-23 — § 45-12-23. Tax exemption.

Rhode Island § 45-12-23

Title 45Towns and cities

Ch. 45-12Indebtedness of Towns and Cities

This text of Rhode Island § 45-12-23 (§ 45-12-23. Tax exemption.) is published on Counsel Stack Legal Research, covering Rhode Island primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

R.I. Gen. Laws § 45-12-23 (2026).

Text

§ 45-12-23. Tax exemption.
The income from any bonds, notes, certificates, or other evidences of indebtedness
            issued by any city, town, or other political subdivision, under the provisions of
            this chapter or any other general or special law, shall at all times be free from
            taxation by the state or any political subdivision or other instrumentality of the
            state.
         

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§ 45-12-23. Tax exemption.

The income from any bonds, notes, certificates, or other evidences of indebtedness issued by any city, town, or other political subdivision, under the provisions of this chapter or any other general or special law, shall at all times be free from taxation by the state or any political subdivision or other instrumentality of the state.