(a) Bonds issued under the provisions of this subchapter shall be exempt from all state, county, and municipal taxes.
(b) This exemption includes income and inheritance taxes.
Structure Arkansas Code
Subtitle 10 - Economic Development And Tourism Generally
Chapter 164 - Industrial Development Bonds
Subchapter 2 - Municipalities and Counties Industrial Development Revenue Bond Law
§ 14-164-205. Authority to develop industry
§ 14-164-206. Authority to issue revenue bonds
§ 14-164-207. Applicability of §§ 14-164-208 — 14-164-216, and 14-164-218
§ 14-164-208. Adoption of bond ordinance or order
§ 14-164-209. Bonds — Issuance — Authorizing resolution
§ 14-164-210. Bonds — Terms and conditions
§ 14-164-211. Bonds — Trust indenture, lease, etc
§ 14-164-212. Bonds and coupons — Execution
§ 14-164-214. Bonds — Conversion
§ 14-164-215. Bonds — Successive issues
§ 14-164-216. Bonds — Priority among issues
§ 14-164-218. Bonds — Interim financing
§ 14-164-220. Statutory mortgage lien
§ 14-164-221. Default in payment of bonds
§ 14-164-222. Bonds — Tax exemption