2015 Code of Alabama
Title 11 - COUNTIES AND MUNICIPAL CORPORATIONS.
Title 1 - PROVISIONS APPLICABLE TO COUNTIES ONLY.
Chapter 22 - PUBLIC PARK AND RECREATION BOARDS.
Section 11-22-13 - Tax exemptions.

AL Code § 11-22-13 (2015) What's This?
Section 11-22-13Tax exemptions.

The corporation, the property and income of the corporation, all bonds issued by the corporation, the income from such bonds, conveyances by or to the corporation and leases, mortgages and deeds of trust by or to the corporation shall be exempt from all taxation in the State of Alabama. No sales, use, license or excise tax may be imposed on any corporation in respect of the privilege of engaging in any of the activities authorized by this chapter.

(Acts 1975, 3rd Ex. Sess., No. 139, §13.)

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