Any bonds issued pursuant to the authority of this article and the interest thereon shall be exempt from all taxation by the State of Alabama or any political subdivision thereof.
Structure Code of Alabama
Title 33 - Navigation and Watercourses.
Chapter 2 - Development of Docks and Other Facilities Along Inland Waterways.
Article 1 - 1957 Provisions for Facilities Along Inland Waterways.
Section 33-2-1 - Authority of State and State Docks Department Generally.
Section 33-2-2 - Maximum Cost of Development.
Section 33-2-4 - Powers and Duties of Department Under Article Cumulative.
Section 33-2-5 - Power of Eminent Domain Generally.
Section 33-2-6 - How Property and Rights-of-Way May Be Acquired; Eminent Domain Proceedings.
Section 33-2-7 - Department May Contract Current Indebtedness.
Section 33-2-10 - Cost of Each Unit to Be Ascertained, etc.; Sinking Fund.
Section 33-2-11 - Faith and Credit of State Pledged to Payment of Bonds.
Section 33-2-12 - Rates and Charges for Use of Facilities.
Section 33-2-13 - Department to Make Reports to Legislature.
Section 33-2-15 - No Prior Indebtedness to Be Paid From Funds Received.
Section 33-2-16 - Revocation and Suspension of Licenses to Occupy State Property.