The board may solicit and accept donations, contributions and gifts of money and property, and all gifts made to the board shall be exempt from taxation in Alabama. All property, money, income, resources and activities of the board shall likewise be exempt from taxation.
Structure Code of Alabama
Chapter 9 - Boards and Commissions.
Article 33 - Alabama Men's Hall of Fame.
Section 41-9-851 - Location of Alabama Men's Hall of Fame.
Section 41-9-852 - Purpose; Selection of Persons to Be Installed in Hall of Fame.
Section 41-9-853 - Donations, Contributions and Gifts; Exemptions From Taxation.