Section 57-67-33 - Taxation of bonds

Any bonds or state bonds issued under the provisions of this chapter, a transaction relating to the sale or securing of such bonds, their transfer and the income therefrom shall at all times be free from taxation by the state or any local unit or political subdivision or other instrumentality of the state, excepting inheritance and gift taxes.Laws, 1987 Ex Sess, ch. 24, § 17, eff. 8/29/1987.