(a) All State of Arkansas Federal Highway Grant Anticipation and Tax Revenue Bonds issued under this subchapter and interest on the bonds shall be exempt from all taxes of the State of Arkansas, including income, inheritance, and property taxes.
(b) The bonds shall be eligible to secure deposits of all public funds and shall be legal for investment of municipal, county, bank, fiduciary, insurance company, and trust funds.
Section: Previous 27-64-302 27-64-303 27-64-304 27-64-305 27-64-306 27-64-307 27-64-308 27-64-309 27-64-310 27-64-311 27-64-312 27-64-313 27-64-314 NextLast modified: November 15, 2016