All property of the bond bank authority is public property devoted to an essential public and governmental function and purpose and is exempt from all taxes and special assessments of the state or a political subdivision of the state. All bonds or notes issued under this chapter are issued by a body corporate and public of this state and for an essential public and governmental purpose and the bonds and notes, and the interest and income on and from the bonds and notes, and all fees, charges, funds, revenues, income, and other money pledged or available to pay or secure the payment of the bonds or notes, or interest on the bonds or notes, are exempt from taxation except for transfer, inheritance, and estate taxes.
Section: Previous 44.85.095 44.85.100 44.85.110 44.85.120 44.85.130 44.85.140 44.85.150 44.85.160 44.85.170 44.85.180 44.85.190 44.85.200 44.85.210 44.85.220 44.85.230 NextLast modified: November 15, 2016