{"data":{"id":"us-al/ala.-code-11-59-16","jurisdiction":"us-al","citation":"Ala. Code § 11-59-16","heading":"Exemption from Taxation of Corporations, Facilities, Bonds, Etc.","body":"The corporation and all facilities at any time owned by it and the income therefrom and all bonds issued by it and the income therefrom shall be exempt from all taxation in the State of Alabama.","path":["Title 11 Counties and Municipal Corporations.","Title 2 Provisions Applicable to Municipal Corporations Only.","Chapter 59 Public Athletic Boards."],"source_url":"https://alison.legislature.state.al.us/code-of-alabama?section=11-59-16","current_through":"Act 2026-611","vintage":"","retrieved_at":"2026-09-03T14:01:52Z","sha256":"0aae0c5e56bb9d7dc8f82522906337f3f3c4c24754635c26991d8f970a9e52b5","source_id":"us-al","stale":false,"prev":"us-al/ala.-code-11-59-15","next":"us-al/ala.-code-11-59-17"},"notice":"GroundRules: Original legal text. Not legal advice."}