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    • Legislation USA
    • Arkansas Code
    • Title 20 - Public Health and Welfare
    • Subtitle 3 - Mental Health
    • Chapter 48 - Treatment of Persons With Developmental Disabilities
    • Subchapter 5 - Human Development Centers — Property and Finances
    • § 20-48-509. Taxation of bonds

    Arkansas Code
    Subchapter 5 - Human Development Centers — Property and Finances
    § 20-48-509. Taxation of bonds

    Bonds issued under the provisions of this subchapter shall be exempt from all state, county, and municipal taxes. This exemption includes income and estate taxes.

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    Structure Arkansas Code

    Arkansas Code

    Title 20 - Public Health and Welfare

    Subtitle 3 - Mental Health

    Chapter 48 - Treatment of Persons With Developmental Disabilities

    Subchapter 5 - Human Development Centers — Property and Finances

    § 20-48-501. Liberal construction — Act supplemental

    § 20-48-502. Authority to acquire properties

    § 20-48-503. Authority to issue revenue bonds and use available funds and revenues

    § 20-48-504. Procedure for issuing revenue bonds

    § 20-48-505. Liability of Board of Developmental Disabilities Services for bonds

    § 20-48-506. Nonliability of board members for bonds — Exception

    § 20-48-507. Revenue bonds secured by pledge of gross charges and surplus charges — Definition

    § 20-48-508. Issuance of refunding bonds

    § 20-48-509. Taxation of bonds

    § 20-48-510. Municipalities, boards, commissions, etc., authorized to invest in bonds

    § 20-48-511. Developmental disabilities — Timber sales proceeds — Capital improvements and equipment

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