Ala. Code § 44-3-11

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

Section 44-3-11 - Exemption from taxation of corporations, property, income, etc

Such corporation authorized herein, and its property, including bonds, conveyances, mortgages, leases and all income from such property, and operation of programs shall be exempt from all taxation that shall be imposed on said corporation for the privilege of engaging in any of the activities authorized by this chapter.

Ala. Code § 44-3-11 (1975)

Acts 1978, No. 620, p. 880, §11.