Ala. Code § 41-9-1004
Current through the 2024 Regular Session.
The board may solicit and accept donations, contributions, and gifts of money and property, and all gifts made to the board shall be exempt from taxation in Alabama. All property, financial resources, income, and other resources and activities of the board shall likewise be exempt from taxation.
Ala. Code § 41-9-1004 (1975)