Tax Exemption

Ala. Code § 16-13-307, under Warrants for Eductional Purposes.

Ala. Code § 16-13-307

All warrants and interest accruing thereon issued hereunder shall forever be exempt from all state, county, municipal, and other taxation under the laws of the State of Alabama. (Act 2011-631, p. 1495, §8.)