Ala. Code § 41-9-438

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

Section 41-9-438 - Exemption from taxation of commission and properties, income, etc., thereof

The commission, its property and income and all bonds issued by the commission, the income from such bonds or from the investment of such income and all conveyances, leases, mortgages and deeds of trust by or to the commission shall be exempt from all taxation in the State of Alabama.

Ala. Code § 41-9-438 (1975)

Acts 1965, No. 863, p. 1605, §5.