Ark. Code Ann. § 15-4-3016
This is the official text of Ark. Code Ann. § 15-4-3016, part of Arkansas’s Code Ann — part of the compiled statutory law of Arkansas, published by the state as "Code Ann." Browse the sections below, each linked to its official government source.
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Exemption from taxes
Official statutory text
(a) All bonds issued under this subchapter and interest on the bonds are exempt from all state and local taxes. (b) The bonds shall be eligible to secure deposits of all public funds and shall be legal for investment of bank, fiduciary, insurance company, trust, and public funds. Acts 2003, No. 1751, § 16.
(a) All bonds issued under this subchapter and interest on the bonds are exempt from all state and local taxes.
(b) The bonds shall be eligible to secure deposits of all public funds and shall be legal for investment of bank, fiduciary, insurance company, trust, and public funds.
Acts 2003, No. 1751, § 16.
(a) All bonds issued under this subchapter and interest on the bonds are exempt from all state and local taxes.
(b) The bonds shall be eligible to secure deposits of all public funds and shall be legal for investment of bank, fiduciary, insurance company, trust, and public funds.
Acts 2003, No. 1751, § 16.
Status: in_force
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