Alabama Code (Last Updated: November 28, 2014) |
Title41 STATE GOVERNMENT. |
Chapter9. BOARDS AND COMMISSIONS. |
Article30. Tennessee Valley Exhibit Commission. |
§41-9-786. Obligations, etc., exempt from taxation.
Latest version.
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The commission, its property and income and all obligations issued by the commission, the income from such obligations or from the investment of such income and all conveyances, leases, mortgages and deeds of trust by or to the commission shall be exempt from all taxation in the State of Alabama.