Ala. Code § 11-81A-5

Exemption of Securities from Taxation.

(Acts 1980, No. 80-697, p. 1400, §5.)

All securities issued by authority of this chapter and the interest thereon shall be exempt from all taxation in the state.

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