§ 40-12-352 — Certain Veterans Not Included in Law

Alabama § 40-12-352

• Jurisdiction: Alabama
• Title 40: Revenue and Taxation
• Ch. 12: Licenses
• Art. 7: Exemption of Certain Persons
• Div. 2: Disabled Veterans

Text

Any veteran whose property, both real and personal, is valued at $5,000 or more shall be precluded from the exemptions granted herein, nor shall a veteran whose net annual income is $2,500 or more be entitled to the exemptions herein granted.

Legislative History

(Acts 1935, No. 194, p. 256; Code 1940, T. 51, §864; Acts 1945, No. 366, p. 589, §4.)