22.1-172 - Bonds exempt from taxation. - Virginia Statutes

§ 22.1-172. Bonds exempt from taxation.

The bonds issued by the Authority under the provisions of this chapter, theirtransfer and the income therefrom, including any profit made on the salethereof, shall at all times be free and exempt from taxation by theCommonwealth and by any municipality, county, or any other politicalsubdivision thereof.

(Code 1950, § 22-29.12; 1962, c. 194; 1980, c. 559.)