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Alabama · Through Act 2026-611

Ala. Code § 11-11B-5: Exemption of Securities from Taxation.

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Where this section sits in the code
  1. Title 11 Counties and Municipal Corporations.
  2. Title 1 Provisions Applicable to Counties Only.
  3. Chapter 11B Securities Issued in Anticipation of Grants.

All securities issued by authority of this chapter and the interest thereon shall be exempt from all taxation in the state.

Collected 2026-09-03T14:01:51Z. Source file · JSON

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