Maximum Amount for Charges for Administration, Etc., of Lands

Ala. Code § 9-15-16 — under Title 9.

Ala. Code § 9-15-16

In no case shall the charges for administering, managing, protecting, or developing the lands exceed 10 percent of the gross income derived from the lands.

History: (Acts 1945, No. 341, p. 554, §9; Acts 1973, No. 1287, p. 2200, §1; Acts 1993, No. 93-631, p. 1077, §2.)