All notes issued pursuant to the provisions of this article, all interest paid thereon and all income derived therefrom shall forever be exempt from all state, county, municipal and other taxation under the laws of Alabama.
Structure Code of Alabama
Chapter 13 - School Finances Generally.
Article 10 - Notes in Anticipation of Warrants.
Section 16-13-210 - Definitions.
Section 16-13-211 - Borrowing Money in Anticipation of Warrants Authorized; Issuance of Notes.
Section 16-13-212 - Notes Not General Obligation; Board May Pledge Tax Proceeds.
Section 16-13-213 - Refunding, Renewing or Extending Notes.
Section 16-13-214 - Notes Sold at Public or Private Sale.