Section 11-54-96

Published: 2015

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Section 11-54-96

Section 11-54-96Exemptions of boards - Taxation.

The industrial development board and all properties 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.

(Acts 1949, No. 648, p. 991, §11.)