Section 41-9-786 Obligations, etc., exempt from taxation. - Alabama Statutes

Section 41-9-786

Obligations, etc., exempt from taxation.

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.

(Acts 1984, No. 84-292, p. 551, §7; Acts 1985, No. 85-655, p. 1024, §1.)