Arkansas Code § 26-78-118

Bonds - Tax exemption
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Interest on all bonds issued under this chapter shall be exempt from state income taxes, and the principal thereof shall be exempt from state inheritance and estate taxes. Acts 1965, No. 446, § 13; A.S.A. 1947, § 76-2313.
Interest on all bonds issued under this chapter shall be exempt from state income taxes, and the principal thereof shall be exempt from state inheritance and estate taxes. Acts 1965, No. 446, § 13; A.S.A. 1947, § 76-2313.
Interest on all bonds issued under this chapter shall be exempt from state income taxes, and the principal thereof shall be exempt from state inheritance and estate taxes. Acts 1965, No. 446, § 13; A.S.A. 1947, § 76-2313.
Interest on all bonds issued under this chapter shall be exempt from state income taxes, and the principal thereof shall be exempt from state inheritance and estate taxes.
Acts 1965, No. 446, § 13; A.S.A. 1947, § 76-2313.

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