Bonds issued under the provisions of this subchapter shall be exempt from all state, county, and municipal taxes, including income and inheritance taxes.
Structure Arkansas Code
Subtitle 14 - Solid Waste Disposal, Waterworks, And Sewers Generally
Chapter 234 - Waterworks and Water Supply
§ 14-234-503. Authority for joint undertaking
§ 14-234-504. Cost estimate — Contents of ordinances — Bonds
§ 14-234-505. Ordinances — Additional provisions
§ 14-234-506. Ordinances — Publication — Hearing
§ 14-234-507. Location of system — Sale of water — Ownership of distribution system
§ 14-234-508. Bond issue — Sufficiency — Negotiability — Sale — Fiscal agent
§ 14-234-509. Bonds — Nature of indebtedness
§ 14-234-510. Obligation payable from revenue bonds only — Security in condemnation proceedings
§ 14-234-511. Allocation of bond proceeds
§ 14-234-512. Bonds — Tax exemption
§ 14-234-513. Fixed rate reduction prohibited — Exception — Surpluses
§ 14-234-514. Deposit of funds