Alabama Statutes
§ 11-59-16 — Exemption from Taxation of Corporations, Facilities, Bonds, Etc
Alabama § 11-59-16
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
§ 11-1-1
Number and Names of Counties§ 11-1-2
County Declared a Body CorporateCite This Page — Counsel Stack
Bluebook (online)
Alabama § 11-59-16, Counsel Stack Legal Research, https://law.counselstack.com/statute/al/11-59-16.