Statutes, codes, and regulations
Code of Alabama
Title 11 - COUNTIES AND MUNICIPAL CORPORATIONSSubtitle 2 - PROVISIONS APPLICABLE TO MUNICIPAL CORPORATIONS ONLY
Chapter 59 - PUBLIC AHTLETIC BOARDS
Section 11-59-16 - Exemption from taxation of corporations, facilities, bonds, etc

Ala. Code § 11-59-16

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Current through the 2024 Regular Session.
Section 11-59-16 - Exemption from taxation of corporations, facilities, bonds, etc

The corporation and all facilities at any time owned by it and the income therefrom and all bonds issued by it and the income therefrom shall be exempt from all taxation in the State of Alabama.

Ala. Code § 11-59-16 (1975)

Acts 1947, No. 231, p. 94, §11.