Alabama Statutes
§ 40-18-41 — Amortization of Ad Valorem Tax
Alabama § 40-18-41
This text of Alabama § 40-18-41 (Amortization of Ad Valorem Tax) 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 § 40-18-41 (2026).
Text
Any surplus remaining from the proceeds of the tax imposed by this chapter after providing for interest and installment annual payments or annual amortization installments on the current debts of the state as of September 30, 1932, shall be applied to the reduction of the ad valorem state tax on real and personal property.
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Legislative History
(Acts 1935, No. 194, p. 256; Code 1940, T. 51, §408.)
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 § 40-18-41, Counsel Stack Legal Research, https://law.counselstack.com/statute/al/40-18-41.