Statutes > Iowa Statutes > Title 4 - Public Health > Subtitle 1 - Alcoholic Beverages and Controlled Substances > CHAPTER 123 - ALCOHOLIC BEVERAGE CONTROL > 123.159 - EXEMPTION FROM TAXATION.

123.159 - EXEMPTION FROM TAXATION.

        123.159  EXEMPTION FROM TAXATION.
         Bonds or notes issued under this division are exempt from taxation
      by the state of Iowa and the interest thereon is exempt from state
      income tax.
         Section History: Early Form
         [C81, § 123.159]