State Codes and Statutes

Statutes > Alabama > Title41 > Chapter9 > 41-9-554

Section 41-9-554

Donations, gifts, etc.

The board may solicit and accept donations, contributions and gifts of money and property, and all gifts made to the board shall be exempt from taxation in Alabama. All property, money, income, resources and activities of the board shall likewise be exempt from taxation.

(Acts 1975, No. 1061, §6.)

State Codes and Statutes

Statutes > Alabama > Title41 > Chapter9 > 41-9-554

Section 41-9-554

Donations, gifts, etc.

The board may solicit and accept donations, contributions and gifts of money and property, and all gifts made to the board shall be exempt from taxation in Alabama. All property, money, income, resources and activities of the board shall likewise be exempt from taxation.

(Acts 1975, No. 1061, §6.)

State Codes and Statutes

State Codes and Statutes

Statutes > Alabama > Title41 > Chapter9 > 41-9-554

Section 41-9-554

Donations, gifts, etc.

The board may solicit and accept donations, contributions and gifts of money and property, and all gifts made to the board shall be exempt from taxation in Alabama. All property, money, income, resources and activities of the board shall likewise be exempt from taxation.

(Acts 1975, No. 1061, §6.)