GroundRules
Ala. Code § 23-7-26: Taxation of Bonds and Income.
Where this section sits in the code
- Title 23 Highways, Roads, Bridges and Ferries.
- Chapter 7 Alabama Transportation Infrastructure Bank Act.
Any bonds issued by the bank, the transfer of bonds, and the income from them, are free from taxation and assessment of every kind by the state and by the local governments and other political subdivisions of the state.
Collected 2026-09-03T14:01:53Z. Source file · JSON