12-1746


Chapter 12.--CITIES AND MUNICIPALITIES


Article 17.--BUILDINGS, STRUCTURES AND GROUNDS

     
12-1746.   Same; bonds and income therefrom exempt from taxation.
All revenue bonds issued by cities or counties pursuant to this act and
all income or interest
therefrom shall be exempt from all state taxes except inheritance taxes.

     
History:   L. 1961, ch. 81, § 7; L. 1981, ch. 74, § 13; July 1.