Water districts formed under this chapter shall be exempt from all excise taxes of whatsoever kind or nature, and further, shall be exempt from payment of assessments in any general or special taxing district levied upon the property of the water district, whether real, personal, or mixed.
Tax exemption
Ark. Code Ann. § 14-116-405, under Regional Water Distribution District Act.
Ark. Code Ann. § 14-116-405