Ala. Code § 41-10-429

Current through the 2024 Regular Session.
Section 41-10-429 - Properties, etc., forever exempt from any and all taxation

The properties of the authority and the income therefrom, all lease agreements made by the authority and all lien notices, mortgages, assignments and financing statements filed with respect thereto shall be forever exempt from any and all taxation of the State of Alabama and its political subdivisions.

Ala. Code § 41-10-429 (1975)

Acts 1990, No. 90-293, p. 396, §10.