Statutes, codes, and regulations
Code of Alabama
Title 10A - ALABAMA BUSINESS AND NONPROFIT ENTITIES CODEChapter 20 - SPECIAL PURPOSE ENTITIES
Article 9 - SINGLE-TAX AND OTHER MUTAL ECONOMIC ASSOCIATIONS
Section 10A-20-9.04 - Exemption of certain waterworks from ad valorem taxes and state or county license taxes on gross receipts

Ala. Code § 10A-20-9.04

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Current through the 2024 Regular Session.
Section 10A-20-9.04 - Exemption of certain waterworks from ad valorem taxes and state or county license taxes on gross receipts

All associations or corporations heretofore or hereafter organized pursuant to this article for the purpose of operating waterworks for unincorporated areas shall be exempt from the payment of all state, county, municipal, or other ad valorem taxes and shall be exempt from paying any state or county license tax on any gross receipts of the association or corporation.

Ala. Code § 10A-20-9.04 (1975)

Code 1907, §3573; Code 1923, §7046; Code 1940, T. 10, §168; Acts 1966, Ex. Sess., No. 445, p. 602, §1; Acts 1976, No. 584, p. 795; §10-4-193; amended and renumbered by Act 2009-513, p. 967, § 340.