Ala. Code § 41-9-853

Current through the 2024 Regular Session.

Section 41-9-853 - Donations, contributions and gifts; exemptions from taxation

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.

Ala. Code § 41-9-853 (1975)

Acts 1987, No. 87-717, p. 1407, §4.