§ 46-25-41. Bonds and notes tax exempt general obligations of state. All bonds and notes issued under the authority of this chapter shall be exempt from taxation in the state and shall be general obligations of the state, and the full faith and credit of the state are hereby pledged for the due payment of the principal and the interest on each of the bonds and notes as the bonds and notes shall become due.
History of Section. (P.L. 1980, ch. 342, § 1.)
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