(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 27-64-502 27-64-503 27-64-504 27-64-505 27-64-506 27-64-507 27-64-508 27-64-509 27-64-510 27-64-511 27-64-512 27-64-513 27-64-514 NextLast modified: November 15, 2016