Code of Alabama - Title 11: Counties and Municipal Corporations - Section 11-81A-5 - Exemption of securities from taxation

Section 11-81A-5 - Exemption of securities from taxation.

All securities issued by authority of this chapter and the interest thereon shall be exempt from all taxation in the state.

(Acts 1980, No. 80-697, p. 1400, §5.)

Last modified: May 3, 2021