Ala. Code § 11-56-21

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

Section 11-56-21 - Exemption from taxation of projects, bonds, etc

Each project and the income from all leases made with respect thereto, the bonds issued by the corporation and the income therefrom and all lease agreements and indentures made pursuant to the provisions of this chapter shall be exempt from all taxation in the state.

Ala. Code § 11-56-21 (1975)

Acts 1955, No. 493, p. 1116, §15.