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14-238-121. Property exempt.

Arkansas Code — all titles (historical 2020) · legal_authorities

14-238-121. Property exempt.

14-238-121. Property exempt. (a) It is declared that each board created pursuant to this subchapter will be performing public functions and will be a public instrumentality of the county creating the board. Accordingly, all properties at any time owned by the board and the income therefrom shall be exempt from all taxation in the State of Arkansas. (b) Bonds issued under the provisions of this chapter shall be eligible to secure the deposit of public funds.

Source: Arkansas Code — historical release 78 (November 6, 2020) · 14-238-121

Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.

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Record provenance

Stable record: arkansas_code:legal_authorities:14-238-121
Source file: gov.ar.code.title.14.odt
Pages: Not recorded – Not recorded
Passage SHA-256: eed812cb87370a7ad7736c71c892a8cd649a1d30419b72bb414a57f8dba52238

Source location: content.xml paragraph 50468

Stored source content

14-238-121. Property exempt. (a) It is declared that each board created pursuant to this subchapter will be performing public functions and will be a public instrumentality of the county creating the board. Accordingly, all properties at any time owned by the board and the income therefrom shall be exempt from all taxation in the State of Arkansas. (b) Bonds issued under the provisions of this chapter shall be eligible to secure the deposit of public funds.

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