Alabama Code 24-2-7. Tax status of land sold or leased to private individuals or corporations for redevelopment
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Alabama Code 24-2-7
- property: includes both real and personal property. See Alabama Code 1-1-1
Any property which the authority or the governing body of any incorporated city or town leases to private individuals or corporations for development under a redevelopment plan shall have the same tax status as if such leased property were owned by such private individuals or corporations.