Statutes > Rhode Island Statutes > Title 44 - Taxation > CHAPTER 44-13 - Public Service Corporation Tax > § 44-13-14 - Exemption of securities from taxation.

§ 44-13-14 - Exemption of securities from taxation.

SECTION 44-13-14

   § 44-13-14  Exemption of securities fromtaxation. – The owners of shares of stock, bonds, debentures, and other evidences ofindebtedness of any corporation liable to a tax under this chapter and of anycorporation the property of which is operated in this state by any corporationshall be exempt from taxation in this state thereon.