The commission, its property and income and all bonds issued by the commission, the income from such bonds or from the investment of such income, and all conveyances, leases, mortgages and deeds of trust by or to the commission shall be exempt from all taxation in the State of Alabama.
Structure Code of Alabama
Chapter 9 - Boards and Commissions.
Article 17 - Motor Sports Hall of Fame Commission.
Section 41-9-470 - Created; Purpose; Location of Exhibition Facility.
Section 41-9-472 - Powers and Duties.
Section 41-9-473 - Form, Maturity, Sale, etc., of Bonds.
Section 41-9-474 - Exemptions From Taxation.
Section 41-9-475 - Bonds Not Obligation of State, Counties or Municipalities.
Section 41-9-476 - Pledge of Revenues for Payment of Bonds.
Section 41-9-477 - Books and Records; Audits.
Section 41-9-478 - Liberal Construction of Article; Additional Powers.