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15-20-1312. Bonds exempt from state, county, and municipal taxes.

Arkansas Code — all titles (historical 2020) · legal_authorities

15-20-1312. Bonds exempt from state, county, and municipal taxes.

15-20-1312. Bonds exempt from state, county, and municipal taxes. Bonds and the interest on the bonds issued under this subchapter are exempt from state, county, and municipal taxes, including income taxes, inheritance taxes, and property taxes. The bonds shall be eligible to secure deposits of all public funds and shall be legal for investment of bank funds, fiduciary funds, insurance company funds, trust funds, and public funds.

Source: Arkansas Code — historical release 78 (November 6, 2020) · 15-20-1312

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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Authority boundary: historical statutory source snapshot not current law.

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Record provenance

Stable record: arkansas_code:legal_authorities:15-20-1312
Source file: gov.ar.code.title.15.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 1cbbe74894f1b0061260de431f2e716b6c6ca8060562477884e8dcd6482e0c86

Source location: content.xml paragraph 13929

Stored source content

15-20-1312. Bonds exempt from state, county, and municipal taxes. Bonds and the interest on the bonds issued under this subchapter are exempt from state, county, and municipal taxes, including income taxes, inheritance taxes, and property taxes. The bonds shall be eligible to secure deposits of all public funds and shall be legal for investment of bank funds, fiduciary funds, insurance company funds, trust funds, and public funds.

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