Ala. Code § 16-13-216

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

Section 16-13-216 - Exemption from taxation

All notes issued pursuant to the provisions of this article, all interest paid thereon and all income derived therefrom shall forever be exempt from all state, county, municipal and other taxation under the laws of Alabama.

Ala. Code § 16-13-216 (1975)

Acts 1979, No. 79-823, p. 1538, §7.