Code of Alabama — Title 40 (Revenue and Taxation)
Ala. Code § 40-22-4
Exemption of Production Credit Corporations and Associations
Official textalison.legislature.state.al.us
No tax levied upon the recordation of mortgages, deeds of trust, and instruments of like character shall be levied upon or collected from any corporation or association organized pursuant to Subchapter IV of Chapter 7, Title 12, United States Code Annotated, with respect to any instrument executed to secure a loan made by it to one of its members for general agricultural purposes, the provisions of any other law to the contrary notwithstanding.
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In this chapter (13 sections)
- 40-22-1 · Deeds, Bills of Sale, Etc
- 40-22-2 · Mortgages, Deeds of Trust, Etc., Generally
- 40-22-3 · Tax on Mortgages Not Applicable to Any Bank Unless Applicable…
- 40-22-4 · Exemption of Production Credit Corporations and Associations
- 40-22-5 · Exemption of Certain Farm Loans from Tax
- 40-22-5.1 · Exemption of Certain Conveyances by Religious Organizations…
- 40-22-6 · Tax Upon Recording Transfer of Instrument Recorded by Exempt…
- 40-22-7 · Tax Upon Recording Transfer of Instrument Recorded by Exempt…
- 40-22-8 · Tax Upon Recording Transfer of Instrument Recorded by Exempt…
- 40-22-9 · Tax Upon Recording Transfer of Instrument Recorded by Exempt…
- 40-22-10 · Tax Upon Recording Transfer of Instrument Recorded by Exempt…
- 40-22-11 · Tax Upon Recording Transfer of Instrument Recorded by Exempt…
- 40-22-12 · Tax Upon Recording Transfer of Instrument Recorded by Exempt…