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2017 Rhode Island General Laws
Title 45 - Towns and cities
Chapter 45-12 - Indebtedness of Towns and Cities
Section 45-12-23 - Tax exemption.
Universal Citation: RI Gen L § 45-12-23 (2017)
§ 45-12-23. Tax exemption.
The income from any bonds, notes, certificates, or other evidences of indebtedness issued by any city, town, or other political subdivision, under the provisions of this chapter or any other general or special law, shall at all times be free from taxation by the state or any political subdivision or other instrumentality of the state.
History of Section.
(P.L. 1979, ch. 356, § 1.)
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