GroundRules
Ala. Code § 11-54B-20: Tax Exemption.
Where this section sits in the code
- Title 11 Counties and Municipal Corporations.
- Title 2 Provisions Applicable to Municipal Corporations Only.
- Chapter 54B Self-Help Business Improvement Districts.
- Article 1 General Provisions.
A nonprofit corporation designated as a district management corporation under this article shall be exempt from the state corporate income tax, corporate franchise tax, and permit fee and from state, county, and municipal sales, use, license, gross receipts, and ad valorem taxes.
Collected 2026-09-03T14:01:51Z. Source file · JSON