The properties of the authority and the income therefrom, all lease agreements made by the authority and all lien notices, mortgages, assignments and financing statements filed with respect thereto shall be forever exempt from any and all taxation of the State of Alabama and its political subdivisions.
Structure Code of Alabama
Article 13 - Real Estate Commission Building Authority.
Section 41-10-420 - Legislative Intent.
Section 41-10-421 - Real Estate Commission Building Authority Established; Composition; Powers.
Section 41-10-422 - Commission to Become Public Corporation.
Section 41-10-423 - Certificate of Incorporation.
Section 41-10-424 - Board of Directors.
Section 41-10-425 - Powers of the Authority.
Section 41-10-426 - Notes of the Authority.
Section 41-10-429 - Properties, etc., Forever Exempt From Any and All Taxation.
Section 41-10-430 - Contracts and Obligations Not Debts of State.