Exemption From Taxation; Exception

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Sec. 10. The refunding bonds and the income therefrom shall be exempt from taxation, except the financial institutions tax and inheritance, estate and transfer taxes.

[Pre-Local Government Recodification Citation: 19-8-7-10.]

As added by Acts 1980, P.L.8, SEC.10. Amended by P.L.21-1990, SEC.4.


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