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Code · New Jersey · Title 32 — Motor Vehicles · Chapter 11D

32:11D-71. Tax exemption

51 words·~1 min read·/nj/title-32/chapter-11d/32-11d-71

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All bonds issued by the commission under the provisions of this compact and the interest thereof shall at all times be free and exempt from all taxation by or under authority of any of the signatory parties, except for transfer, inheritance and estate taxes.
L.1961, c. 13, p. 71, s. 12.8.
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