Statutes > Tennessee Statutes > Title 9 - Public Finances > Chapter 21 - Local Government Public Obligations Law > Part 1 - General Provisions Applicable to All Bonds and Notes Issued by Local Governments > 9-21-117 - Tax exemption.

9-21-117 - Tax exemption.

9-21-117. Tax exemption.

Any bonds or notes issued by a local government pursuant to the provisions of this chapter and the income therefrom shall be exempt from all state, county and municipal taxation except for inheritance, transfer and estate taxes, and except as otherwise provided in this code.

[Acts 1986, ch. 770, § 1-17.]