Bonds issued under this chapter and the income therefrom shall be exempt from all state, county, and municipal taxes. This exemption includes income and estate taxes.
Structure Arkansas Code
Subtitle 14 - Solid Waste Disposal, Waterworks, And Sewers Generally
Chapter 238 - Rural Waterworks Facilities Boards
§ 14-238-102. Legislative intent
§ 14-238-104. Provisions supplemental
§ 14-238-105. Construction of chapter
§ 14-238-106. Creation of boards
§ 14-238-107. Board names — Powers
§ 14-238-108. Members — Compensation
§ 14-238-110. Meetings — Quorum — Actions — Records
§ 14-238-112. Acquisition of property
§ 14-238-114. Issuance of bonds — Procedure
§ 14-238-115. Bonds for refunding obligations
§ 14-238-116. Payment of bonds
§ 14-238-117. Bonds may impose mortgage lien
§ 14-238-119. Bonds as obligation of issuing board
§ 14-238-120. Bonds tax exempt