Code of Virginia - Title 15.2 Counties, Cities And Towns - Section 15.2-6411 Bonds exempt from taxation

§ 15.2-6411. Bonds exempt from taxation

An authority shall not be required to pay any taxes or assessments of any kind whatsoever, and its bonds, their transfer, the interest payable on them, and any income derived from them, including any profit realized in their sale or exchange, shall be exempt at all times from every kind and nature of taxation by this Commonwealth or by any of its political subdivisions, municipal corporations, or public agencies of any kind.

(1997, cc. 276, 587, § 15.1-1721.)

Sections:  Previous  15.2-6402  15.2-6403  15.2-6404  15.2-6405  15.2-6406  15.2-6407  15.2-6408  15.2-6409  15.2-6410  15.2-6411  15.2-6412  15.2-6413  15.2-6414  15.2-6415  15.2-6416  Next

Last modified: April 2, 2009