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Ala. Code § 11-81-29

Bonds and Interest Coupons Exempt from Taxation.

(Acts 1927, No. 478, p. 534; Code 1940, T. 37, §269.)

All bonds and interest coupons attached to the same issued under the authority of this chapter shall be exempt from state, county and municipal taxation.

Official source: Alabama Legislature (ALISON). Reproduced from public-domain Alabama statutes; confirm against the official source for the current text. Not legal advice.