§ 41-10-107 — Exemption from Taxation of Bonds, Income, Projects, Etc., of Corporation

Alabama § 41-10-107

• Jurisdiction: Alabama
• Title 41: State Government
• Ch. 10: Authorities
• Art. 4: State Products Mart and Coliseum Authorities

Text

Each project and the income from all leases made with respect thereto, the bonds issued by the corporation and the income therefrom, and all lease agreements and indentures made pursuant to the provisions of this article shall be exempt from all taxation in the state.

Legislative History

(Acts 1965, 1st Ex. Sess., No. 174, p. 224, §27.)