Section 4-3-8 Exemption of Bonds, Property and Income of Authority from Taxation; Concessionaires, Tenants, Etc., Subject to State and Local Taxation.
The authority’s bonds, property, and income are exempt from state and local taxation; this does not exempt its concessionaires, licensees, tenants, operators, or lessees.
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- Jurisdiction
- United States — Alabama
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- Act or statute
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- Language
- en
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Section 4-3-8 Exemption of Bonds, Property and Income of Authority from Taxation; Concessionaires, Tenants, Etc., Subject to State and Local Taxation.
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