Alabama Statutes
§ 11-54-96 — Exemptions of Boards - Taxation
Alabama·Title 11 Counties and Municipal Corporations·Ch. 54 Promotion of Industry, Trade, Commerce and Pollution Control·Art. 4 Industrial Development Boards·Div. 1 General Provisions
The industrial development board and all properties at any time owned by it and the income therefrom and all bonds issued by it and the income therefrom shall be exempt from all taxation in the State of Alabama.
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Legislative History
(Acts 1949, No. 648, p. 991, §11.)
Nearby Sections
15
§ 11-1-1
Number and Names of Counties§ 11-1-2
County Declared a Body Corporate