All bonds (including refunding bonds) issued pursuant hereto, and the income therefrom (including the interest income thereon) shall be free from all taxation by the state or any county, municipality, or other political subdivision or instrumentality of the state, excepting inheritance, estate, and gift taxes.
Structure Code of Alabama
Chapter 3A - Alabama Agricultural Development Authority.
Article 3 - 1998 Bond Issue for Textile Technology Facilities.
Section 2-3A-50 - Issuance of Bonds; Obligation of State; Proceeds; Specifications.
Section 2-3A-51 - Issuance and Redemption.
Section 2-3A-53 - Alabama Agricultural and Textile Technology Facilities Improvement Fund.
Section 2-3A-54 - Expenses; Disposition of Proceeds.