...interest, dividends, or other income therefrom, shall be exempt from all taxation (except estate, income, inheritance, and gift taxes) now or hereafter imposed...State, county, municipality, or local taxing authority. The foregoing exemption from taxation, except as to taxation imposed by the United States, shall include...

...interest, dividends, or other income therefrom, shall be exempt from all taxation (except estate, income, inheritance, and gift taxes) now or hereafter imposed...State, county, municipality, or local taxing authority. The foregoing exemption from taxation, except as to taxation imposed by the United States, shall include...

...obligations of the Corporation shall not be exempt, either as to principal or interest, from any taxation now or hereafter imposed by the United States, by any...State, county, municipality, or local taxing authority. ( b) The Corporation is authorized to borrow from the Treasury such amounts as may be necessary to...

...and other instruments by it or issued to it by its borrowers, shall be exempt from all taxation now or hereafter imposed by the United States, by any...State, county, municipality, or local taxing authority, except that the Corporation is authorized to make payments to State and local governments in lieu of...

...its capital stock, its surplus, its reserves, and its income, shall be exempt from all taxation now or hereafter imposed by the United States, by any...thereof, or by any State, county, municipality, or other taxing authority; except that any real property of the Corporation shall be subject to State,...

...by the United States; but any mortgagee entitled to receive any such debentures may elect to receive in lieu thereof a cash adjustment and debentures issued...authority; and such debentures shall be paid out of [the Fund, or the Housing Fund, as the case may be,] the Mutual Mortgage Insurance Fund which shall be primarily...

...Amendments of 1938 shall be exempt, both as to principal and interest, from all taxation (except surtaxes, estate, inheritance, and gift taxes) now or hereafter...State, county, municipality, or local taxing authority. They shall be paid out of [the Housing Fund] the General Insurance Fund which shall be primarily liable...

...Amendments of 1938 shall be exempt, both as to principal and interest, from all taxation (except surtaxes, estate, inheritance, and gift taxes) now or hereafter...State, county, municipality, or local taxing authority. They shall be paid out of [the Housing FundJ the General Insurance Fund which shall be primarily liable...

...Telephone debentures shall not be exempt, either as to principal or interest, from any taxation now or hereafter imposed by the United States, by any...dependency, or possession thereof, or by any State or local taxing authority. Telephone debentures shall be lawful investments and may be accepted as...

...Electric debentures shall not be exempt, either as to principal or interest, from any taxation now E y ɋ ֳ ,̳ ` اd MS MG8, f0 s3 " ^ %sF 5 x 8 zYl =֛ĸ ( mmdR { z c x}̜+ . 3 or local taxing authority. Electric debentures shall be lawful investments and may be accepted as security...