Alabama § 45-26A-70.03 Commission a Nonprofit Agency; Tax Exempt Status

Alabama Statutes

§ 45-26A-70.03 — Commission a Nonprofit Agency; Tax Exempt Status

Alabama § 45-26A-70.03

JurisdictionAlabama

Title 45Local Laws

Ch. 26AElmore County Municipalities

Art. 7Wetumpka

Part 1Historic Preservation

This text of Alabama § 45-26A-70.03 (Commission a Nonprofit Agency; Tax Exempt Status) 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 § 45-26A-70.03 (2026).

Text

The commission shall constitute a nonprofit governmental agency whose funds shall be used exclusively for public purposes. The commission shall have tax exempt status, and the properties of the commission and the income therefrom, together with all leases, agreements, and contracts made by it, 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 constitute a nonprofit governmental agency whose funds shall be used exclusively for public purposes. The commission shall have tax exempt status, and the properties of the commission and the income therefrom, together with all leases, agreements, and contracts made by it, 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.