Notwithstanding any general or special law or any certificate of incorporation, charter, or other articles of organization, all domestic or domesticated corporations, associations, and other taxable entities carrying on business in this state and any person are authorized to make contributions of money, property, or other thing of value to the authority for any of its corporate purposes. The value of such contribution shall be allowed as a deduction in computing the taxable income of the donor for the purpose of any income tax imposed by the state or by any political subdivision of the state.
Section: Previous 20-3-316 20-3-316.1 20-3-317 20-3-318 20-3-319 20-3-320 20-3-321 20-3-322 20-3-323 20-3-324 20-3-325 20-3-326 20-3-327 20-3-328 20-3-329 NextLast modified: October 14, 2016