Ala. Code § 41-10-279

Current through the 2024 Regular Session.
Section 41-10-279 - Exemption from taxation

The properties of the authority and the income therefrom, all lease agreements made by the authority, all bonds issued by the authority and the income therefrom and all lien notices, mortgages, assignments and financing statements filed with respect thereto shall be forever exempt from any and all taxation in the state.

Ala. Code § 41-10-279 (1975)

Acts 1986, No. 86-420, p. 627, §20.