Section 32:11D-71 - Tax exemption

NJ Rev Stat § 32:11D-71 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

32:11D-71. Tax exemption

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.