Ala. Code § 11-54-96

Current with legislation from 2024 effective through May 17, 2024.

Section 11-54-96 - Exemptions of boards - Taxation

The industrial development board and all properties 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 § 11-54-96 (1975)

Acts 1949, No. 648, p. 991, §11.