Bonds issued under the provisions of this subchapter and the interest on those bonds shall be exempt from all state, county, and municipal taxes, and the exemption shall include income, inheritance, and estate taxes.
Structure Arkansas Code
Title 15 - Natural Resources and Economic Development
Subtitle 1 - Development Of Economic And Natural Resources Generally
Chapter 4 - Development Of Business And Industry Generally
Subchapter 4 - Jobs Creation by Stimulating Small Business Growth Act of 1985
§ 15-4-402. Legislative findings and purpose
§ 15-4-404. Promulgation of rules generally
§ 15-4-405. Companies qualified for loan application and sale — Apportioning available funds
§ 15-4-406. Authority to issue revenue bonds — Loan funds
§ 15-4-407. Limits on bond issuance and loan purchases
§ 15-4-408. Prerequisites to issuance
§ 15-4-409. Authorizing resolution and trust indenture
§ 15-4-410. Issuance and redemption procedures
§ 15-4-414. No personal liability