Alabama § 45-30-250.12 Exemptions from Taxes, Fees, Etc

Alabama Statutes

§ 45-30-250.12 — Exemptions from Taxes, Fees, Etc

Alabama § 45-30-250.12

Title 45Local Laws

Ch. 30Franklin County

Art. 25Utilities

This text of Alabama § 45-30-250.12 (Exemptions from Taxes, Fees, Etc) 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 § 45-30-250.12 (2026).

Text

(a)The authority, the property and income of the authority, the income from its bonds, conveyances by or to the authority, leases, mortgages, and deeds of trust by or to the authority, shall be exempt from all taxation in the state.

(b)The authority shall not be obligated to pay or allow any fees, taxes, or costs to the judge of probate of any county in respect of its incorporation, the amendment of its certificate of incorporation, or the recording of any document.

(c)No license or excise tax may be imposed on the authority for the privilege of engaging in any of the activities authorized by this article.

Free access — add to your briefcase to read the full text and ask questions with AI

(a) The authority, the property and income of the authority, the income from its bonds, conveyances by or to the authority, leases, mortgages, and deeds of trust by or to the authority, shall be exempt from all taxation in the state.
(b) The authority shall not be obligated to pay or allow any fees, taxes, or costs to the judge of probate of any county in respect of its incorporation, the amendment of its certificate of incorporation, or the recording of any document.
(c) No license or excise tax may be imposed on the authority for the privilege of engaging in any of the activities authorized by this article.