Ark. Code Ann. § 25-20-204: Tax exempt status of property and income
Where this section sits in the code
- AR Code
- Title 25
- Chapter 20
- Subchapter 2
(a) Each public body corporate and politic created pursuant to this subchapter will be performing functions and will be a public instrumentality of the participating public agencies.
(b) Accordingly, all properties at any time owned by the public body and the income therefrom shall be exempt from all taxation in the state.
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