Alabama Code 41-9-683. Solicitation and acceptance of gifts, etc.; exemption from taxation
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Terms Used In Alabama Code 41-9-683
- property: includes both real and personal property. See Alabama Code 1-1-1
The board may solicit and accept donations, contributions and gifts of money and property. 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.