Tennessee Statutes
§ 7-82-105 — Exemption from taxation
Tennessee·Title 7
So long as a district shall own any system, the property and revenue of such system shall be exempt from all state, county and municipal taxation. Bonds issued pursuant to this chapter and the income from the bonds shall be exempt from all state, county and municipal taxation, except inheritance, transfer and estate taxes.
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Legislative History
Acts 1937, ch. 248, § 15; C. Supp. 1950, § 3695.41 (Williams, § 3695.40); T.C.A. (orig. ed.), § 6-2626; Acts 2001, ch. 28, § 3.
Nearby Sections
15
§ 7-1-101
Definitions - Chapters 1-6§ 7-1-103
Consolidation of functions§ 7-1-105
Civil districts§ 7-2-102
Election of members