Section 41-10-401 Exemption from taxation of properties, income, etc., of authority. - Alabama Statutes

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Section 41-10-401

Exemption from taxation of properties, income, etc., of authority.

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

(Acts 1989, No. 89-704, p. 1402, §12.)

State Codes and Statutes

Statutes > Alabama > Title41 > Chapter10 > 41-10-401

Section 41-10-401

Exemption from taxation of properties, income, etc., of authority.

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

(Acts 1989, No. 89-704, p. 1402, §12.)

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State Codes and Statutes

Statutes > Alabama > Title41 > Chapter10 > 41-10-401

Section 41-10-401

Exemption from taxation of properties, income, etc., of authority.

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

(Acts 1989, No. 89-704, p. 1402, §12.)