{"data":{"id":"us-ar/ark.-code-ann.-15-4-3216","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 15-4-3216","heading":"Exemption from taxes - Eligible to secure deposits - Legal for investment","body":"(a) All bonds issued under Arkansas Constitution, Amendment 82, and this subchapter and interest on the bonds are exempt from all state and local taxes.\n\n(b) The bonds shall be eligible to secure deposits of all public funds and shall be legal for investment of bank, fiduciary, insurance company, trust, and public funds.","path":["AR Code","Title 15","Chapter 4","Subchapter 32"],"source_url":"https://oss-data-us.vaquill.ai/v2026.08/us_ar_statutes.parquet","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:41Z","sha256":"e0934148356522d8bc83825d6432c89cc5825bfc3b9193aedf4166c8eb378c79","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-15-4-3215","next":"us-ar/ark.-code-ann.-15-4-3217"},"notice":"GroundRules: Original legal text. Not legal advice."}