Section 41-9-438 Exemption from taxation of commission and properties, income, etc., thereof. - Alabama Statutes

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Section 41-9-438

Exemption from taxation of commission and properties, income, etc., thereof.

The commission, its property and income and all bonds issued by the commission, the income from such bonds or from the investment of such income and all conveyances, leases, mortgages and deeds of trust by or to the commission shall be exempt from all taxation in the State of Alabama.

(Acts 1965, No. 863, p. 1605, §5.)

State Codes and Statutes

Statutes > Alabama > Title41 > Chapter9 > 41-9-438

Section 41-9-438

Exemption from taxation of commission and properties, income, etc., thereof.

The commission, its property and income and all bonds issued by the commission, the income from such bonds or from the investment of such income and all conveyances, leases, mortgages and deeds of trust by or to the commission shall be exempt from all taxation in the State of Alabama.

(Acts 1965, No. 863, p. 1605, §5.)

State Codes and Statutes

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State Codes and Statutes

Statutes > Alabama > Title41 > Chapter9 > 41-9-438

Section 41-9-438

Exemption from taxation of commission and properties, income, etc., thereof.

The commission, its property and income and all bonds issued by the commission, the income from such bonds or from the investment of such income and all conveyances, leases, mortgages and deeds of trust by or to the commission shall be exempt from all taxation in the State of Alabama.

(Acts 1965, No. 863, p. 1605, §5.)