State Codes and Statutes

Statutes > Alabama > Title11 > Title2 > 11-59-16

Section 11-59-16

Exemption from taxation of corporations, facilities, bonds, etc.

The corporation and all facilities 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 1947, No. 231, p. 94, §11.)

State Codes and Statutes

Statutes > Alabama > Title11 > Title2 > 11-59-16

Section 11-59-16

Exemption from taxation of corporations, facilities, bonds, etc.

The corporation and all facilities 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 1947, No. 231, p. 94, §11.)

State Codes and Statutes

State Codes and Statutes

Statutes > Alabama > Title11 > Title2 > 11-59-16

Section 11-59-16

Exemption from taxation of corporations, facilities, bonds, etc.

The corporation and all facilities 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 1947, No. 231, p. 94, §11.)