Alabama § 41-10-44.13 Exemption from Certain Taxes and Fees

Alabama Statutes

§ 41-10-44.13 — Exemption from Certain Taxes and Fees

Alabama § 41-10-44.13

Title 41State Government

Ch. 10Authorities

Art. 2AAdditional Powers of State Industrial Development Authority

This text of Alabama § 41-10-44.13 (Exemption from Certain Taxes and Fees) 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 § 41-10-44.13 (2026).

Text

The income and property of the authority, all project obligations issued by the authority and the interest paid on any such project obligations, all conveyances by or to the authority, and all instruments by or to the authority shall be exempt from all taxation in the state. The authority shall also be exempt from all license and excise taxes imposed in respect of the privilege of engaging in any of the activities in which the authority may engage. The authority shall not be obligated to pay or allow any fees, taxes, or costs to the judge of probate of any county in respect of the recording of any document.

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The income and property of the authority, all project obligations issued by the authority and the interest paid on any such project obligations, all conveyances by or to the authority, and all instruments by or to the authority shall be exempt from all taxation in the state. The authority shall also be exempt from all license and excise taxes imposed in respect of the privilege of engaging in any of the activities in which the authority may engage. The authority shall not be obligated to pay or allow any fees, taxes, or costs to the judge of probate of any county in respect of the recording of any document.