Virginia § 23.1-1214 - Exemption of bonds from taxation

Full text of Virginia Code of Virginia § 23.1-1214 — Exemption of bonds from taxation, with citation guidance and answers to common questions.

§ 23.1-1214. Exemption of bonds from taxation

The bonds issued by the Authority under the provisions of this article, the transfer of such bonds, and the income from such bonds, including any profit made on the sale of such bonds, is exempt from taxation by the Commonwealth and any locality or political subdivision of the Commonwealth.

1964, c. 607, § 23-30.33; 1966, c. 685; 2016, c. 588.

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

Frequently Asked Questions About Virginia § 23.1-1214

What does Code of Virginia § 23.1-1214 cover?

Section 23.1-1214 ("Exemption of bonds from taxation") is part of the Code of Virginia, the codified statutory law of Virginia. 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 Virginia § 23.1-1214?

A common citation format is "Code of Virginia § 23.1-1214" (Virginia). 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 Virginia law?

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

How does Virginia § 23.1-1214 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Virginia 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 Virginia.