N.J.S.A. 32:11D-71

Tax exemption

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.

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This is the verbatim text of N.J.S.A. 32:11D-71, 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.