Code of Virginia § 15.2-5422. Bonds exempt from taxation.
45 words·~1 min read·
/va/title-15-2/chapter-54/15-2-5422·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Bonds, their transfer and the income therefrom, including any profit made on the sale thereof, shall at all times be exempt from all taxation by the Commonwealth or any political subdivision thereof, except inheritance or gift taxes.
1979, c. 416, § 15.1-1625; 1997, c. 587.