48 U.S.C. § 745 : US Code - Section 745: Tax exempt bonds

Search 48 U.S.C. § 745 : US Code - Section 745: Tax exempt bonds

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.