15.2-5422 - Bonds exempt from taxation.

§ 15.2-5422. Bonds exempt from taxation.

Bonds, their transfer and the income therefrom, including any profit made onthe sale thereof, shall at all times be exempt from all taxation by theCommonwealth or any political subdivision thereof, except inheritance or gifttaxes.

(1979, c. 416, § 15.1-1625; 1997, c. 587.)