Donations, Gifts, Etc

Ala. Code § 41-9-554 — under Title 41.

Ala. Code § 41-9-554

The board may solicit and accept donations, contributions, and gifts of money and property, and all gifts made to the board shall be exempt from taxation in Alabama. All property, money, income, resources, and activities of the board shall likewise be exempt from taxation.

History: (Acts 1975, No. 1061, §6.)