(a) Bonds issued under 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 170 - Tourism Generally
Subchapter 2 - Tourism Revenue Bonds
§ 14-170-201. Legislative determination
§ 14-170-204. Limitations on authority
§ 14-170-205. Authority generally
§ 14-170-206. Funding authorized
§ 14-170-209. Security for bonds — Special obligations
§ 14-170-210. Statutory mortgage lien
§ 14-170-211. Default in bond payment
§ 14-170-212. Bonds — Tax exemption