Alabama Statutes

§ 41-9-853 — Donations, Contributions and Gifts; Exemptions from Taxation

Alabama·Title 41 State Government·Ch. 9 Boards and Commissions·Art. 33 Alabama Men’s Hall of Fame
The board may solicit and accept donations, contributions, and gifts of money and property, and all gifts made to the board shall be exempt from taxation in Alabama. All property, money, income, resources, and activities of the board shall likewise be exempt from taxation.

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Legislative History

(Acts 1987, No. 87-717, p. 1407, §4.)

Nearby Sections

15
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