Home/Alabama/Statutes/Title 11: Counties and Municipal Corporations/Ch. 56: Public Building Authorities/§ 11-56-21
Alabama Statutes

§ 11-56-21 — Exemption from Taxation of Projects, Bonds, Etc

Alabama·Title 11 Counties and Municipal Corporations·Ch. 56 Public Building Authorities
Each project and the income from all leases made with respect thereto, the bonds issued by the corporation and the income therefrom and all lease agreements and indentures made pursuant to the provisions of this chapter shall be exempt from all taxation in the state.

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Alabama § 11-56-21 (Exemption from Taxation of Projects, Bonds, Etc) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

(Acts 1955, No. 493, p. 1116, §15.)

Nearby Sections

15
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Number and Names of Counties
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Contracts with Federal, State, and Other County Governments
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Payment of Membership Fees in State Organizations, Etc., for Sheriffs, Tax Assessors, Tax Collectors, Circuit Clerks and Registers, License Commissioners, Etc
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Preparation, Etc., of County Assessment Maps or Plats
§ 11-1-13
Alteration, Etc., of Precinct or Beat Lines or Creation of New Precincts or Beats
§ 11-1-14
Provision of Voting Places Where Precinct or Beat Lines Altered, Etc., or New Precincts or Beats Created
§ 11-1-15
Authority to Join National and State Association of County Commissions
§ 11-1-16
Warrants for Borrowing Purposes - Execution
§ 11-1-17
Warrants for Borrowing Purposes - Form of Warrants, Refunding Warrants, Coupons, Etc
§ 11-1-2
County Declared a Body Corporate
§ 11-1-3
Jurisdiction Over Navigable Streams Not Within Limits of Any County; Execution of Process on Said Streams
§ 11-1-5
Uniform Designation for County Governing Bodies
§ 11-1-6
Transfer of Money Erroneously Paid into County Treasury, Etc., to State Treasury
§ 11-1-7
Appointment and Use of Public Depositories; Liability
§ 11-1-8
Closing of County Offices on Legal Holidays and for Special Circumstances; Deadlines Extended for Filing Documents
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