Alabama Statutes

§ 33-10-25 — Exemption from Taxation; Servicing of Bonds

Alabama § 33-10-25
JurisdictionAlabama
Title 33Navigation and Watercourses
Ch. 10Ameraport Offshore Harbor and Terminal Commission

This text of Alabama § 33-10-25 (Exemption from Taxation; Servicing of Bonds) 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 § 33-10-25 (2026).

Text

It is the intent of this chapter that the commission shall not be required to pay any taxes or assessments on any property acquired or used by it under the provisions of this chapter or upon the income therefrom, and any bonds issued hereunder shall be serviced from the income of said facility and shall be exempt from taxation by the State of Alabama, and by any municipal or political subdivision of the state.

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Legislative History

(Acts 1973, No. 1064, p. 1779, §2.)

Nearby Sections

15
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Bluebook (online)
Alabama § 33-10-25, Counsel Stack Legal Research, https://law.counselstack.com/statute/al/33-10-25.