                                 CODE OF VIRGINIA

EXEMPTION OF BONDS FROM TAXATION (§ 21-156)

The bonds of such district or commission, and the property owned or operated by
such district or commission shall be exempt from all taxation, and the interest
on the bonds shall take the same status under tax laws as the interest on bonds
of other political subdivisions of the Commonwealth.

HISTORY: 1942, p. 600; Michie Code 1942, § 1560kk; 1944, p. 72; 1946, p. 528.