§ 32-53. Bonds exempt from taxation.  


Latest version.
  • The bonds issued under the provisions of this article and the income therefrom shall be exempt from all taxation, state, county and municipal, and it shall be so stated on the face of the bonds, in conformity with state law or any other act exempting bonds from taxation.

(Code 1992, § 16-53; Priv. Acts 1947, ch. 516, § 3)

State law reference

Bonds exempt from taxation, T.C.A. § 67-5-205.

Cross reference

Taxation, ch. 40.