{"data":{"id":"us-al/ala.-code-11-81a-5","jurisdiction":"us-al","citation":"Ala. Code § 11-81A-5","heading":"Exemption of Securities from Taxation.","body":"All securities issued by authority of this chapter and the interest thereon shall be exempt from all taxation in the state.","path":["Title 11 Counties and Municipal Corporations.","Title 3 Provisions Applicable to Counties and Municipal Corporations.","Chapter 81A Issuance of Securities in Anticipation of Receipt of Grants."],"source_url":"https://alison.legislature.state.al.us/code-of-alabama?section=11-81A-5","current_through":"Act 2026-611","vintage":"","retrieved_at":"2026-09-03T14:01:52Z","sha256":"8a3c0055f37a42b268bd9fe59b3014884eb3127ae77b03c865a3381a05ee7e19","source_id":"us-al","stale":false,"prev":"us-al/ala.-code-11-81a-4","next":"us-al/ala.-code-11-81a-6"},"notice":"GroundRules: Original legal text. Not legal advice."}