51-41-27 - Bonds - tax exemption.
§ 51-41-27. Bonds - tax exemption.
The principal of and interest, if any, on bonds issued under the authority of this chapter shall be exempt from all state, county and municipal taxes. This exemption shall include income, inheritance and estate taxes.
Sources: Laws, 2003, ch. 512, § 14, eff from and after July 1, 2003.