48 U.S.C. § 745
Tax exempt bonds
United States · Title 48 — TERRITORIES AND INSULAR POSSESSIONS · Status: effective
Cite this
- Citation
- 48 U.S.C. § 745, Tax exempt bonds, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/489257
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Full text
All bonds issued by the Government of Puerto Rico, or by its authority, shall be exempt from taxation by the Government of the United States, or by the Government of Puerto Rico or of any political or municipal subdivision thereof, or by any State, Territory, or possession, or by any county, municipality, or other municipal subdivision of any State, Territory, or possession of the United States, or by the District of Columbia.
Legislative history
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