There is a newer version of the Tennessee Code
2010 Tennessee Code
Title 7 - Consolidated Governments
Chapter 55 - Industrial Building Bond Act of 1955
7-55-113 - Exemption from taxation.
7-55-113. Exemption from taxation.
All bonds issued pursuant to the provisions of this chapter and the income from the bonds shall be exempt from all state, county and municipal taxation, except inheritance, transfer and estate taxes.
[Acts 1955, ch. 209, § 15; T.C.A., § 6-2913.]
Disclaimer: These codes may not be the most recent version. Tennessee may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.