37-47-53 - Exemption from taxation of bonds and interim certificates.
§ 37-47-53. Exemption from taxation of bonds and interim certificates.
All bonds and interim certificates issued under the provisions of this chapter and all interest thereon and income therefrom shall be exempt from all taxation, except gift, transfer, and inheritance taxes.
Sources: Codes, 1942, § 6247-19; Laws, 1953, Ex Sess, ch. 13, § 19, eff from and after July 1, 1954.