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2019 Code of Alabama
Title 34 - Professions and Businesses.
Chapter 27 - Real Estate Brokers.
Article 3 - Vacation Time-sharing Plans.
Section 34-27-65 - Proceeds from sale, etc., of lease plan exempt from Transient Occupancy Tax.
Universal Citation: AL Code § 34-27-65 (2019)
Section 34-27-65Proceeds from sale, etc., of lease plan exempt from Transient Occupancy Tax.
The proceeds from the sale or resale of any vacation time-sharing lease plan shall be exempt from the Transient Occupancy Tax imposed by Section 40-26-1.
(Acts 1983, No. 83-670, p. 1035, §16.)
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