Alabama Statutes
§ 40-14A-42 — Applicability to Certain Corporations Under Contract with Department of Economic and Community Affairs
Alabama § 40-14A-42
JurisdictionAlabama
Title 40Revenue and Taxation
Ch. 14AAlabama Business Privilege and Corporation Shares Tax of 1999
Art. 4Exemptions
This text of Alabama § 40-14A-42 (Applicability to Certain Corporations Under Contract with Department of Economic and Community Affairs) 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-42 (2026).
Text
The taxes levied by this chapter shall not apply to any corporation that is wholly or partially exempt from the franchise tax imposed by former Chapter 14 of this title because it is a party to a contract with the Department of Economic and Community Affairs under the authority of Section 41-23-30.
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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-42, Counsel Stack Legal Research, https://law.counselstack.com/statute/al/40-14A-42.