Interest on bonds or other obligations issued in accordance with the provisions of this act shall be exempt from all state income taxes and the principal thereof from inheritance taxation.
Ark. Code Ann. § 15-4-524 — under Development of Business and Industry Generally.
Ark. Code Ann. § 15-4-524
Interest on bonds or other obligations issued in accordance with the provisions of this act shall be exempt from all state income taxes and the principal thereof from inheritance taxation.