Code of Virginia - Title 15.2 Counties, Cities And Towns - Section 15.2-5422 Bonds exempt from taxation

§ 15.2-5422. Bonds exempt from taxation

Bonds, their transfer and the income therefrom, including any profit made on the sale thereof, shall at all times be exempt from all taxation by the Commonwealth or any political subdivision thereof, except inheritance or gift taxes.

(1979, c. 416, § 15.1-1625; 1997, c. 587.)

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Last modified: April 2, 2009