Alabama Statutes
§ 41-9-683 — Solicitation and Acceptance of Gifts, Etc.; Exemption from Taxation
The board may solicit and accept donations, contributions, and gifts of money and property. All gifts made to the board shall be exempt from all taxation in Alabama. All property, money, income, resources and activities of the board shall likewise be exempt from taxation.
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Alabama § 41-9-683 (Solicitation and Acceptance of Gifts, Etc.; Exemption from Taxation) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
(Acts 1977, No. 645, p. 1093, §4.)