Alabama Code 33-2-17. Bonds and interest exempt from taxation
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Terms Used In Alabama Code 33-2-17
- state: when applied to the different parts of the United States, includes the District of Columbia and the several territories of the United States. See Alabama Code 1-1-1
Any bonds issued pursuant to the authority of this article and the interest thereon shall be exempt from all taxation by the State of Alabama or any political subdivision thereof.