Alabama Code 41-9-722. Legislative appropriations, contributions, etc.; exempt from taxation
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Terms Used In Alabama Code 41-9-722
- property: includes both real and personal property. See Alabama Code 1-1-1
The board may receive and expend legislative appropriations as provided by law, and may submit, receive and expend contributions of money and property. All gifts to, and property, funds, income and activities of the board shall be exempt from taxation.