§ 20-12. Notes exempt from taxation.

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Any and all of the notes issued pursuant to the provisions of sections 20-8, 20-10 and 20-11 and the interest thereon shall be and remain exempt from state, county and municipal taxes of every kind whatsoever in the state. (Mont. Co. Code 1965, § 2-108; 1933 (Sp. Sess.), ch. 12, § 3.)

                    
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