Alabama Statutes
§ 40-22-4 — Exemption of Production Credit Corporations and Associations
Alabama § 40-22-4
This text of Alabama § 40-22-4 (Exemption of Production Credit Corporations and Associations) 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 § 40-22-4 (2026).
Text
No tax levied upon the recordation of mortgages, deeds of trust, and instruments of like character shall be levied upon or collected from any corporation or association organized pursuant to Subchapter IV of Chapter 7, Title 12, United States Code Annotated, with respect to any instrument executed to secure a loan made by it to one of its members for general agricultural purposes, the provisions of any other law to the contrary notwithstanding.
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Legislative History
(Acts 1951, No. 540, p. 953.)
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 § 40-22-4, Counsel Stack Legal Research, https://law.counselstack.com/statute/al/40-22-4.