Tennessee § 9-9-403 - Bonds and interest tax-exempt — Exceptions.

Full text of Tennessee Tennessee Code Annotated § 9-9-403 — Bonds and interest tax-exempt — Exceptions., with citation guidance and answers to common questions.

§ 9-9-403. Bonds and interest tax-exempt — Exceptions.

Citizens bonds and the interest payable thereon are exempt from taxation by the state of Tennessee and each county, municipality and taxing district of the state, except inheritance, transfer and estate taxes. Acts 1980, ch. 480, § 3. Cross-References. Gift, estate, and inheritance taxes, title 67, ch. 8, parts 1-5.

Source: official Tennessee text · Last verified 2026-08-27

Frequently Asked Questions About Tennessee § 9-9-403

What does Tennessee Code Annotated § 9-9-403 cover?

Section 9-9-403 ("Bonds and interest tax-exempt — Exceptions.") is part of the Tennessee Code Annotated, the codified statutory law of Tennessee. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Tennessee § 9-9-403?

A common citation format is "Tennessee Code Annotated § 9-9-403" (Tennessee). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Tennessee law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Tennessee official source linked on this page or consult a licensed Tennessee attorney.

How does Tennessee § 9-9-403 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Tennessee can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Tennessee.