§ 21-516. Bonds exempt from taxation  


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  •    The principal amount of bonds, the interest payable on bonds, the transfer of bonds, and any income from bonds, including profit made in the sale or transfer of bonds, are exempt from State and local taxes.


HISTORY: An. Code 1957, art. 24, § 9-1301(i); 2013, ch. 119, § 2.