Exemptions of Boards - Taxation.

  1. Law
  2. Code of Alabama
  3. Counties and Municipal Corporations.
  4. Provisions Applicable to Municipal Corporations Only.
  5. Promotion of Industry, Trade, Commerce and Pollution Control.
  6. Industrial Development Boards.
  7. General Provisions.
  8. Exemptions of Boards - Taxation.

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Section 11-54-96

Exemptions of boards - Taxation.

The industrial development board and all properties at any time owned by it and the income therefrom and all bonds issued by it and the income therefrom shall be exempt from all taxation in the State of Alabama.

(Acts 1949, No. 648, p. 991, §11.)


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