The property so acquired by any foreign municipality shall be subject to taxation in this state as the property of individuals and private corporations.
Structure Code of Alabama
Title 11 - Counties and Municipal Corporations.
Title 2 - Provisions Applicable to Municipal Corporations Only.
Chapter 50 - Public Utilities.
Article 2 - Acquisition of Water Supply by Foreign Municipal Corporations.
Section 11-50-33 - Consent of Counties and Municipalities Required.
Section 11-50-36 - Taxation of Property Acquired by Foreign Municipalities.