Bonds issued under the provisions of this chapter shall be exempt from all state, county, and municipal taxes. This exemption includes income, property, and inheritance taxes.
Structure Arkansas Code
Subtitle 12 - Public Utilities Generally
Chapter 204 - Municipal And County Hydroelectric Power Development
§ 14-204-105. Authorization to issue bonds
§ 14-204-106. Revenue bonds generally
§ 14-204-107. Nature of bond indebtedness — Payment from revenue of project — Use of excess revenue
§ 14-204-109. Mortgage lien — Default — Receiver
§ 14-204-110. Application for licenses, permits, certificates, and approvals