GroundRules
Ala. Code § 11-56-21: Exemption from Taxation of Projects, Bonds, Etc.
Where this section sits in the code
- Title 11 Counties and Municipal Corporations.
- Title 2 Provisions Applicable to Municipal Corporations Only.
- Chapter 56 Public Building Authorities.
Each project and the income from all leases made with respect thereto, the bonds issued by the corporation and the income therefrom and all lease agreements and indentures made pursuant to the provisions of this chapter shall be exempt from all taxation in the state.
Collected 2026-09-03T14:01:52Z. Source file · JSON