The board may receive and expend legislative appropriations as provided by law, and may submit, receive and expend contributions of money and property. All gifts to, and property, funds, income, and activities of the board shall be exempt from taxation.
Ala. Code § 41-9-722
Legislative Appropriations, Contributions, Etc.; Exempt from Taxation.
(Acts 1979, No. 79-663, p. 1162, §3.)
Official source: Alabama Legislature (ALISON). Reproduced from public-domain Alabama statutes; confirm against the official source for the current text. Not legal advice.