There Is a Newer Version
of
the Code of Alabama
2009 Alabama Code
Title 41 — STATE GOVERNMENT.
Chapter 9 — BOARDS AND COMMISSIONS.
Section 41-9-554 Donations, gifts, etc.
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.)
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