Solicitation and Acceptance of Donations, Contributions, Etc.; Exemption from Taxation of Property, Income, Etc., of Board and Gifts Thereto

Ala. Code § 41-9-453, under Sports Hall of Fame Board.

Ala. Code § 41-9-453

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 all taxation in Alabama. All property, money, income, resources, and activities of the board shall likewise be exempt from taxation. (Acts 1967, No. 225, p. 594, §4.)