Rhode Island § 46-12.2-22 § 46-12.2-22. Tax exemption.

Rhode Island Statutes

§ 46-12.2-22 — § 46-12.2-22. Tax exemption.

Rhode Island § 46-12.2-22

Title 46Waters and Navigation

Ch. 46-12.2Rhode Island Infrastructure Bank

This text of Rhode Island § 46-12.2-22 (§ 46-12.2-22. 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 § 46-12.2-22 (2026).

Text

§ 46-12.2-22. Tax exemption.
Bonds issued by the agency and local governmental obligations issued by any local
            governmental unit in accordance with this chapter or chapter 18 of title 24, their transfer and the income therefrom, including any profit made on the sale thereof,
            shall, at all times, be exempt from taxation by and within the state. The agency shall
            not be required to pay any taxes, assessments, or excises upon its income, existence,
            operation, or property.
         

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§ 46-12.2-22. Tax exemption.

Bonds issued by the agency and local governmental obligations issued by any local governmental unit in accordance with this chapter or chapter 18 of title 24, their transfer and the income therefrom, including any profit made on the sale thereof, shall, at all times, be exempt from taxation by and within the state. The agency shall not be required to pay any taxes, assessments, or excises upon its income, existence, operation, or property.