N.J.S.A. 18A:24-80 — Exemption from taxation

18A:24-80. Exemption from taxation Any and all bonds issued pursuant to this act shall be conclusively deemed to be governmental obligations for governmental and public purposes, and the same, together with any interest thereon, shall be forever exempt from any and every tax and shall be excluded from the calculation of any and every tax, whenever enacted, of whatever nature and however levied, assessed or calculated, whether during the lifetime or at or after or by reason of the death of any holder. L.1971, c. 36, s. 15, eff. March 4, 1971.

This is the verbatim text of N.J.S.A. 18A:24-80, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. Kyzer is not a law firm and this page is not legal advice.