Property of Corporation or Association Formed for Social or Literary Advancement and Used in Connection with College or University

Official textalison.legislature.state.al.us

The property of corporations or associations formed and organized in good faith for the social or literary advancement of their members and not for pecuniary purposes nor for individual profit and used as an adjunct of or in connection with any college or university and approved by the governing body of said college or university in this state shall be exempt from all state, county and municipal taxation, but if used for any other purpose or not as an adjunct of or in connection with any college or university it shall not be so exempt.

Last amended: Acts 1945, No. 127, p. 115.

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In this chapter (40 sections)

40-9-1.1 · Stringfellow Memorial Hospital
40-9-1.2 · Alabama Eye Bank
40-9-2 · Claim of Exemption of Homestead and Household and Kitchen…
40-9-3 · Peanuts and Pecans Stored in Licensed Warehouses
40-9-4 · Products or Materials Used in Textile Manufacture
40-9-5 · Manufacturers of Calcium Cyanamide, Aluminum or Aluminum…
40-9-6 · Personal Property Stored for Shipment Outside of State
40-9-7 · Personal Property Held by Warehouseman for Distribution
40-9-8 · Artesian Wells Leased to Municipalities
40-9-9 · Y.m.c.a
40-9-10 · Y.w.c.a
40-9-11 · Y.w.c.o
40-9-12 · The March of Dimes, Inc., Y.m.h.a., Seamen’s Home of Mobile,…
40-9-12.1 · United Appeal Fund Organizations and Supported Charities
40-9-13 · Volunteer Fire Departments, Alabama Society of D.a.r., Annual…
40-9-14 · Property Used for Public Purposes
40-9-14.1 · Certificates of Exemption to Governmental Entities,…
40-9-14.2 · Airport Authorities
40-9-14.3 · Certificates of Exemption to Statutorily Exempt Entities…
40-9-15 · Alabama State Fair and Exhibit Association
40-9-16 · Property of Corporation or Association Formed for Social or…
40-9-17 · Property Owned and Used or Held by Colleges for Certain…
40-9-18 · Property of Corporation Organized for Purpose of Aiding…
40-9-19 · Homesteads
40-9-19.1 · Governing Body of Municipality Authorized to Exempt…
40-9-20 · Certain Homes Owned by Veterans or Their Widows
40-9-21 · Principal Residences and 160 Acres Adjacent Thereto of…
40-9-21.1 · Verification of Eligibility by Mail for Certain Persons.…
40-9-21.2 · Falsely Claiming Homestead Exemption
40-9-21.3 · Disabled Veterans Property Tax Debt-to-Income Ratio…
40-9-22 · Nuclear Fuel Assemblies
40-9-23 · Corporations Organized to Establish Regional Mental Health…
40-9-24 · Property Tax Relief Fund
40-9-25 · George Lindsey Celebrity Benefit, Inc., Alabama Special…
40-9-25.1 · Magic Moments
40-9-25.2 · Habitat for Humanity Organizations and West Alabama Youth…
40-9-25.3 · Rainbow Omega, Inc
40-9-25.4 · Farley L. Berman Foundation, Inc
40-9-25.5 · American Bowling Congress
40-9-25.6 · Christian Children Homes, Inc

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