Alabama Statutes
§ 40-14A-41 — Applicability to Certain Entities Organized Before January 1, 1999
Alabama § 40-14A-41
JurisdictionAlabama
Title 40Revenue and Taxation
Ch. 14AAlabama Business Privilege and Corporation Shares Tax of 1999
Art. 4Exemptions
This text of Alabama § 40-14A-41 (Applicability to Certain Entities Organized Before January 1, 1999) 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 § 40-14A-41 (2026).
Text
The taxes levied by this chapter shall not apply to any entity that was organized before January 1, 1999, was not subject to the franchise tax levied by former Chapter 14 of this title, and is entitled, pursuant to a contract entered into before January 1, 1999, to be indemnified for taxes upon net worth resulting from transactions or activities contemplated in the contract.
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Legislative History
(Act 99-665, 2nd Sp. Sess., p. 131, §2.)
Nearby Sections
15
§ 40-1-1
Definitions§ 40-1-14
Payment of Court Costs§ 40-1-2
Lien for Taxes - Generally§ 40-1-23
Liability of Officers for ConversionCite This Page — Counsel Stack
Bluebook (online)
Alabama § 40-14A-41, Counsel Stack Legal Research, https://law.counselstack.com/statute/al/40-14A-41.