Alabama Statutes

§ 11-59-16 — Exemption from Taxation of Corporations, Facilities, Bonds, Etc

Alabama § 11-59-16
JurisdictionAlabama
Title 11Counties and Municipal Corporations
Ch. 59Public Athletic Boards

This text of Alabama § 11-59-16 (Exemption from Taxation of Corporations, Facilities, Bonds, Etc) 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 § 11-59-16 (2026).

Text

The corporation and all facilities 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 1947, No. 231, p. 94, §11.)

Nearby Sections

15
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Bluebook (online)
Alabama § 11-59-16, Counsel Stack Legal Research, https://law.counselstack.com/statute/al/11-59-16.