2006 Alabama Code - Section 10-4-193 — Exemption of certain waterworks from ad valorem taxes and state or county license taxes on gross receipts.

All associations or corporations heretofore or hereafter organized pursuant to the provisions of this article for the purpose of operating waterworks for unincorporated areas shall be exempt from the payment of all state, county, municipal or other ad valorem taxes and shall be exempt from paying any state or county license tax on any gross receipts of such association or corporation.

(Code 1907, §3573; Code 1923, §7046; Code 1940, T. 10, §168; Acts 1966, Ex. Sess., No. 445, p. 602, §1; Acts 1976, No. 584, p. 795.)