14.05.030 Tax

Bonds of the Authority are declared to be issued for an essential public and governmental purpose and to be public instrumentalities and, together with interest thereon and income there from, shall be exempt from taxes. The tax exemption provisions of this title shall be considered part of the security for the repayment of bonds and shall constitute, by virtue of this title and without necessity of being restated in the bonds, a contract between (1) the Authority and the Tribe, and (2) the bondholders and each of them, including all transferees of the bonds from time to time.