Code of Alabama - Title 11: Counties and Municipal Corporations - Section 11-81-29 - Bonds and interest coupons exempt from taxation
Section 11-81-29 - Bonds and interest coupons exempt from taxation.
All bonds and interest coupons attached to the same issued under the authority of this chapter shall be exempt from state, county and municipal taxation.
(Acts 1927, No. 478, p. 534; Code 1940, T. 37, §269.)