Alabama Code 40-9-4. Products or materials used in textile manufacture
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Terms Used In Alabama Code 40-9-4
- following: means next after. See Alabama Code 1-1-1
- property: includes both real and personal property. See Alabama Code 1-1-1
In addition to the persons and property exempt from ad valorem taxation as prescribed in Section 40-9-1, the following properties shall also be exempt from ad valorem taxation:
All products or materials, including natural and man-made fibers and cloth, when stored by a textile manufacturer or processor for the purpose of using such products or materials in such a way that they become a part of the finished product of such plant.