2006 Alabama Code - Section 41-10-107 — Exemption from taxation of bonds, income, projects, etc., of corporation.

Each project and the income from all leases made with respect thereto, the bonds issued by the corporation and the income therefrom and all lease agreements and indentures made pursuant to the provisions of this article shall be exempt from all taxation in the state.

(Acts 1965, 1st Ex. Sess., No. 174, p. 224, §27.)