Bonds issued under the provisions of this chapter, and the interest thereon, shall be exempt from all state, county, and municipal taxes. This exemption shall include income, inheritance, and estate taxes.
Structure Arkansas Code
Subtitle 13 - Public Utility Improvement Districts
Chapter 217 - General Consolidated Public Utility System Improvement Districts
§ 14-217-102. Purpose of chapter
§ 14-217-104. Application and construction of chapter
§ 14-217-105. Creation of consolidated utility districts — Petition — Notice of hearing
§ 14-217-106. General powers and purposes of districts
§ 14-217-108. Location of consolidated system
§ 14-217-109. Payment of costs — Authority to use funds and revenues and to issue bonds
§ 14-217-111. Bonds — Mortgage lien
§ 14-217-112. Bonds — Default — Receiver