Section 11-88-16 Exemption from Taxation of Authority and Property, Leases, Bonds, Etc., Thereof; Payment of Fees, Taxes, or Costs to Probate Judge for Incorporation, Etc.; Imposition of License or Excise Tax Upon Authority.
The authority and its listed property, income, bonds, conveyances, and related instruments are exempt from Alabama taxation, and the authority does not have to pay certain probate judge fees, taxes, or costs for incorporation or recording documents.
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Section 11-88-16 Exemption from Taxation of Authority and Property, Leases, Bonds, Etc., Thereof; Payment of Fees, Taxes, or Costs to Probate Judge for Incorporation, Etc.; Imposition of License or Excise Tax Upon Authority.
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