Alabama § 11-42-132 Provisions in Annexation Agreement as to Taxation in Municipality Annexed

Alabama Statutes

§ 11-42-132 — Provisions in Annexation Agreement as to Taxation in Municipality Annexed

Alabama § 11-42-132

JurisdictionAlabama

Title 11Counties and Municipal Corporations

Ch. 42Alteration of Corporate Limits

Art. 4Consolidation of Contiguous Municipalities

Div. 2Alternate Mode

This text of Alabama § 11-42-132 (Provisions in Annexation Agreement as to Taxation in Municipality Annexed) is published on Counsel Stack Legal Research, covering Alabama primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ala. Code § 11-42-132 (2026).

Text

The agreement of annexation may provide for specific property having a situs thereon embraced in the annexed city or town to be exempt from city or town taxation or the payment of taxes to the annexing city or town for a period not exceeding 10 years and may provide a maximum license tax to be annually assessed and collected by the annexing city or town from each and every person, firm, company, or corporation engaging in or carrying on any business, vocation, occupation, or profession in the territory exempt from taxation.

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The agreement of annexation may provide for specific property having a situs thereon embraced in the annexed city or town to be exempt from city or town taxation or the payment of taxes to the annexing city or town for a period not exceeding 10 years and may provide a maximum license tax to be annually assessed and collected by the annexing city or town from each and every person, firm, company, or corporation engaging in or carrying on any business, vocation, occupation, or profession in the territory exempt from taxation.