The principal of and interest on certificates issued under the authority of this subchapter shall be exempt from all state, county, and municipal taxes; this exemption shall include income, inheritance, and estate taxes.
Structure Arkansas Code
Subtitle 2 - Elementary and Secondary Education Generally
Subchapter 9 - Revolving Loan Program — State Board of Education Certificates
§ 6-20-901. Construction and implementation of subchapter
§ 6-20-902. Certificates generally
§ 6-20-903. Execution and validity of certificates
§ 6-20-904. Obligations — Security — Payment
§ 6-20-906. Authority to purchase certificates