There is a newer version
of
this Section
2022 Code of Alabama
Title 41 - State Government.
Chapter 10 - Authorities.
Article 19 - Alabama Economic Settlement Authority.
Section 41-10-761 - Tax Exemption.
Universal Citation: AL Code § 41-10-761 (2022)
Section 41-10-761
Tax exemption.
The income and property of the authority, all bonds of the authority and the interest paid on any such bonds, all conveyances by or to the authority, and all instruments by and to the authority shall be exempt from all taxation in the state. The authority shall also be exempt from all license and excise taxes imposed in respect of the privilege of engaging in any of the activities in which the authority may engage. The authority shall not be obligated to pay or allow any fees, taxes, or costs in the recording of any document to the judge of probate of any county.
(Act 2016-469, 1st Sp Sess., §12.)
Disclaimer: These codes may not be the most recent version. Alabama may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
