2021 Code of Alabama
Title 11 - Counties and Municipal Corporations.
Title 1 - Provisions Applicable to Counties Only.
Chapter 11B - Securities Issued in Anticipation of Grants.
Section 11-11B-5 - Exemption of Securities From Taxation.
Exemption of securities from taxation.
All securities issued by authority of this chapter and the interest thereon shall be exempt from all taxation in the state.
(Acts 1981, No. 81-797, p. 1399, §5.)
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