Ala. Admin. Code r. 810-6-3-.42

Current through Register Vol. 42, No. 12, September 30, 2024
Section 810-6-3-.42 - National Farm Loan Associations

National farm loan associations are instrumentalities of the United States and are not subject to sales or use taxes on the property purchased by them for use in carrying on any activity they are authorized to engage in by Federal Law.

Author: Dan DeVaughn

Ala. Admin. Code r. 810-6-3-.42

Filed September 28, 1982.

Statutory Authority:12 U.S.C.A. 931, Code of Ala. 1975, §§ 40-23-4(17), 40-23-31, 40-23-83.