Any bonds issued pursuant to the authority of this article and the interest thereon shall be exempt from all taxation by the state of Alabama or any political subdivision thereof.
Ala. Code § 33-2-136
Bonds and Interest Exempt from Taxation.
(Acts 1967, No. 268, p. 765, §17.)
Official source: Alabama Legislature (ALISON). Reproduced from public-domain Alabama statutes; confirm against the official source for the current text. Not legal advice.