Code of Virginia - Title 21 Drainage, Soil Conservation, Sanitation And Public Facilities Districts - Section 21-156 Exemption of bonds from taxation

§ 21-156. Exemption of bonds from taxation

The bonds of such district or commission, and the property owned or operated by such district or commission shall be exempt from all taxation, and the interest on the bonds shall take the same status under tax laws as the interest on bonds of other political subdivisions of the Commonwealth.

(1942, p. 600; Michie Code 1942, § 1560kk; 1944, p. 72; 1946, p. 528.)

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Last modified: April 3, 2009