Bonds and notes tax exempt general obligation of state.

Checkout our iOS App for a better way to browser and research.

All bonds and notes issued under the authority of this chapter shall be exempt from taxation in the state and shall be general obligations of the state, and the full faith and credit of the state is pledged for the due payment of the principal and the interest on the bonds and notes as the bonds and notes become due.

History of Section.
P.L. 1984, ch. 403, § 2.


Download our app to see the most-to-date content.