The property so acquired by any foreign municipality shall be subject to taxation in this state as the property of individuals and private corporations.
Ala. Code § 11-50-36
Taxation of Property Acquired by Foreign Municipalities.
(Code 1907, §1448; Code 1923, §2304; Code 1940, T. 37, §392.)
Official source: Alabama Legislature (ALISON). Reproduced from public-domain Alabama statutes; confirm against the official source for the current text. Not legal advice.