Ark. Const. amend. 91, § 19
- Constitution
- Constitution of Arkansas
- Text as of
- October 2026
What does this section say?
(a)(1) All bonds issued under this amendment and interest on the bonds shall be exempt from all taxes of the State of Arkansas, including income, inheritance, and property taxes. (2) Profits from the sale of the bonds shall also be exempt from income taxes. (b) The bonds shall be eligible to secure deposits of all public funds and shall be legal for investment of municipal, county, bank, fiduciary, insurance company, and trust funds.
The text is copied from the official source: www.sos.arkansas.gov. This is the stored text for research. It is not legal advice; check the official source before you rely on it.