§ 23-19.1-29 - Bonds and notes tax exempt general obligation of state. - Rhode Island Statutes

SECTION 23-19.1-29

   § 23-19.1-29  Bonds and notes tax exemptgeneral obligation of state. – All bonds and notes issued under the authority of this chapter shall be exemptfrom taxation in the state and shall be general obligations of the state, andthe full faith and credit of the state is pledged for the due payment of theprincipal and the interest on the bonds and notes as the bonds and notes becomedue.