Alabama Code (Last Updated: November 28, 2014) |
Title41 STATE GOVERNMENT. |
Chapter9. BOARDS AND COMMISSIONS. |
Article33. Alabama Men's Hall of Fame. |
§41-9-853. Donations, contributions and gifts; exemptions from taxation.
Latest version.
-
The board may solicit and accept donations, contributions and gifts of money and property, and all gifts made to the board shall be exempt from taxation in Alabama. All property, money, income, resources and activities of the board shall likewise be exempt from taxation.