Alabama Statutes
§ 41-9-807 — Exemption from Taxation
The commission, its property and income and all bonds issued by the commission, the income from such bonds or from the investment of such income and all conveyances, leases, mortgages, and deeds of trust by or to the commission shall be exempt from all taxation in the State of Alabama.
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Alabama § 41-9-807 (Exemption from Taxation) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
(Acts 1985, 2nd Ex. Sess., No. 85-945, p. 285, §8.)