This commission shall have a tax-exempt status, and the properties of the commission and the income therefrom, all lease agreements and contracts made by it, all bonds issued by it and the coupons applicable thereto and the income therefrom and all indentures executed with respect thereto shall be forever exempt from any and all taxation by the State of Alabama and any political subdivision thereof, including, but not limited to, income, admission, amusement, excise and ad valorem taxes.
Structure Code of Alabama
Chapter 9 - Boards and Commissions.
Article 10 - Historical Commissions.
Division 5 - Tannehill Furnace and Foundry Commission.
Section 41-9-320 - Creation; Purpose.
Section 41-9-321 - Composition; Appointment and Terms of Office of Members; Vacancies.
Section 41-9-324 - Commission a Body Corporate.
Section 41-9-326 - Acquisition of Property; Borrowing of Money and Issuance of Revenue Bonds.
Section 41-9-328 - Appropriations by Counties and Municipalities.
Section 41-9-329 - Exemption From Taxation of Commission and Income, Properties, etc., Thereof.