Ala. Code § 41-9-683

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

Section 41-9-683 - Solicitation and acceptance of gifts, etc.; exemption from taxation

The board may solicit and accept donations, contributions and gifts of money and property. All gifts made to the board shall be exempt from all taxation in Alabama. All property, money, income, resources and activities of the board shall likewise be exempt from taxation.

Ala. Code § 41-9-683 (1975)

Acts 1977, No. 645, p. 1093, §4.