§8-33-7. Property, bonds and obligations of commissions exempt
Each commission shall be exempt from the payment of any taxes
or fees to the state or any subdivisions thereof or any
municipalities or to any officer or employee of the state or of any
subdivision thereof or of any municipality. The property of each
commission shall be exempt from all municipal and county taxes.
Bonds, notes, debentures and other evidences of indebtedness of
each commission are declared to be issued for a public purpose and
to be public instrumentalities, and, together with interest
thereon, shall be exempt from taxation.