Alabama § 41-9-358 Exemption from Taxation of Commission and Income, Properties, Etc., Thereof

Alabama Statutes

§ 41-9-358 — Exemption from Taxation of Commission and Income, Properties, Etc., Thereof

Alabama § 41-9-358

Title 41State Government

Ch. 9Boards and Commissions

Art. 11Uss Alabama Battleship Commission

This text of Alabama § 41-9-358 (Exemption from Taxation of Commission and Income, Properties, Etc., Thereof) 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 § 41-9-358 (2026).

Text

The commission shall have a tax exempt status, and the properties of the commission and the income therefrom, all lease agreements and contracts made by it, all bonds issued by it and the coupons applicable thereto and the income therefrom and all indentures executed with respect thereto shall be forever exempt from any and all taxation by the State of Alabama and any political subdivision thereof, including, but not limited to, income, admission, amusement, excise, and ad valorem taxes.

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The commission shall have a tax exempt status, and the properties of the commission and the income therefrom, all lease agreements and contracts made by it, all bonds issued by it and the coupons applicable thereto and the income therefrom and all indentures executed with respect thereto shall be forever exempt from any and all taxation by the State of Alabama and any political subdivision thereof, including, but not limited to, income, admission, amusement, excise, and ad valorem taxes.