Section 41-9-882 Solicitation and acceptance of donations, contributions, etc.; exemption from taxation.
Section 41-9-882
Solicitation and acceptance of donations, contributions, etc.; exemption from taxation.
The board may solicit and accept donations, contributions and gifts of money and property or services, and all gifts made to the board shall be exempt from all taxation in Alabama. All property, money and income of the board shall likewise be exempt from taxation.
(Acts 1988, 1st Ex. Sess., No. 88-874, p. 409, §3.)