Bonds and mortgages tax exempt.

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Bonds and mortgages of an authority are declared to be issued for a public purpose and to be public instrumentalities, and together with interest, are exempt from tax.

History of Section.
P.L. 1935, ch. 2255, § 25; G.L. 1938, ch. 344, § 25; G.L. 1956, § 45-25-29.


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