3-50-18. Bonds; exemption from taxation.
43 words·~1 min read·
/nm/chapter-3-municipalities/article-50-municipal-parking/3-50-18·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Bonds and other evidences of indebtedness issued under the provisions of the Municipal Parking Law shall forever be and remain free and exempt from taxation by this state or any subdivision thereof.
History: 1953 Comp., § 14-51-18, enacted by Laws 1965, ch. 300.