Bonds issued under the provisions of this chapter, and the interest thereon, shall be exempt from all state, county, and municipal taxes, including property, income, inheritance, and estate taxes.
Structure Arkansas Code
Subtitle 12 - Public Utilities Generally
Chapter 203 - Municipal Electric System Financing
§ 14-203-103. Scope of chapter
§ 14-203-104. Authorization to finance electric system
§ 14-203-105. Bonds — Issuance generally
§ 14-203-106. Bonds — Terms and conditions
§ 14-203-107. Bonds — Trust indenture
§ 14-203-109. Bonds, coupons — Execution — Seal
§ 14-203-110. Bonds — Priority among issues
§ 14-203-111. Bonds — Nature of indebtedness — Surplus revenues
§ 14-203-113. Bonds — Mortgage lien
§ 14-203-114. Bonds — Default — Receiver
§ 14-203-115. Rates, fees, and charges — Disposition — Pledges
§ 14-203-116. Rights of holder or owner of bonds