Statutes > Arkansas Statutes > Title 14 - Local Government > Subtitle 22 - Airport Facilities Generally > Chapter 360 - Municipal Airports Generally > Subchapter 3 - Improvements > § 14-360-312 - Borrowing of funds and revenue bonds -- Exemption from certain taxes.

§ 14-360-312 - Borrowing of funds and revenue bonds -- Exemption from certain taxes.

14-360-312. Borrowing of funds and revenue bonds -- Exemption from certain taxes.

(a) Bonds issued under the provisions of this subchapter shall be exempt from all state, county, and municipal taxes.

(b) This exemption shall include income taxation and inheritance taxation.