Alabama § 11-81-172 Revenue Bonds - Exemption from Taxation

Alabama Statutes

§ 11-81-172 — Revenue Bonds - Exemption from Taxation

Alabama § 11-81-172

Title 11Counties and Municipal Corporations

Ch. 81Municipal and County Bonds

Art. 5Revenue Bonds for Waterworks, Gas, Sewer or Electric Systems

This text of Alabama § 11-81-172 (Revenue Bonds - Exemption from Taxation) 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 § 11-81-172 (2026).

Text

The bonds and interest coupons issued under this article are hereby exempted from any and all state, county, municipal and other taxation whatsoever under the laws of the State of Alabama, and it shall be plainly stated on the face of each such bond as follows: “The principal of and interest on this bond are exempted from any and all state, county and municipal and other taxation whatsoever under the laws of the State of Alabama.”

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The bonds and interest coupons issued under this article are hereby exempted from any and all state, county, municipal and other taxation whatsoever under the laws of the State of Alabama, and it shall be plainly stated on the face of each such bond as follows: “The principal of and interest on this bond are exempted from any and all state, county and municipal and other taxation whatsoever under the laws of the State of Alabama.”