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40-22-8
Section 40-22-8 Tax upon recording transfer of instrument recorded by exempt institution
- Transfers not subject to tax imposed by Section 40-22-1. No transfer under Section
40-22-6 hereafter filed for record shall be subject to the recording privilege tax imposed
by Section 40-22-1. (Acts 1951, No. 816, p. 1449, §3.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/40-22-8.htm - 625 bytes - Match Info - Similar pages
40-22-11
Section 40-22-11 Tax upon recording transfer of instrument recorded by exempt institution
- Waiver of exemption from payment of recording tax. Any corporation, organization, or institution
now or hereafter exempt from the recording privilege tax imposed by Section 40-22-2
may, at the time of presenting for record any mortgage, deed of trust, contract of conditional
sale or other instrument of like character executed to it, waive its exemption from payment
of such recording privilege tax with respect to such instrument and pay the tax imposed by
said section at the time such instrument is presented to the judge of probate for filing,
and no transfer of the indebtedness thereby secured, thereafter presented for recording, shall
be subject to any recording privilege tax, but shall be filed for record by the judge of probate
upon the payment of the recording fees to the judge of probate. (Acts 1951, No. 816, p. 1449,
§6.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/40-22-11.htm - 1K - Match Info - Similar pages
40-22-6
Section 40-22-6 Tax upon recording transfer of instrument recorded by exempt institution
- Generally. If any mortgage, deed of trust, contract of conditional sale, or other instrument
of like character heretofore or hereafter filed for record in any probate office of this state
which was or shall be given to secure the payment of any debt incurred to a corporation, organization,
or institution now or hereafter exempt by law from the payment of the recording privilege
tax imposed by Section 40-22-2 and upon which such recording privilege tax has not
been previously paid has been heretofore or be hereafter transferred to a person, corporation,
organization, or institution not exempt from payment of such tax and such transfer is presented
for record within this state, such transfer shall be received for record upon payment of the
privilege tax imposed by said section upon the then unpaid balance of the secured debt
and the recording fees of the probate judge. (Acts 1951, No. 816, p. 1449,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/40-22-6.htm - 1K - Match Info - Similar pages
40-22-10
Section 40-22-10 Tax upon recording transfer of instrument recorded by exempt institution
- Exemption of debt secured by instrument upon which recording tax has previously been paid.
If any transfer of any such mortgage, deed of trust, contract of conditional sale, or other
instrument of like character described in Section 40-22-6 has heretofore been filed
for record in any probate office of this state and the recording privilege tax imposed by
Section 40-22-1 or Section 40-22-2 has been paid thereon, the debt secured by
the instrument so transferred shall be exempt from any ad valorem tax, either state, county,
or municipal. (Acts 1951, No. 816, p. 1449, §5.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/40-22-10.htm - 975 bytes - Match Info - Similar pages
33-12-5
Section 33-12-5 Powers, duties and functions. The powers, duties and functions of the
agency shall be as follows: (1) GENERALLY. The agency a. Shall have perpetual succession in
its corporate name. b. May sue and be sued in its corporate name. c. May adopt, use and alter
a corporate seal, which shall be judicially noticed. d. May enter into such contracts and
cooperative agreements with the federal, state and local governments, with agencies of such
governments, with private individuals, corporations, associations, trusts and other organizations
as the board may deem necessary or convenient to enable it to carry out the purposes of this
chapter, including the planned, orderly residential development of the area. e. May adopt,
amend and repeal bylaws. f. May appoint such managers, officers, employees, attorneys and
agents as the board deems necessary for the transaction of its business, fix their compensation,
define their duties, require bonds of such of them as the board may...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/33-12-5.htm - 18K - Match Info - Similar pages
40-22-1
Section 40-22-1 Deeds, bills of sale, etc. (a) Except as set out in subsection (b),
no deed, bill of sale, or other instrument of like character which conveys any real or personal
property within this state or which conveys any interest in any such property shall be received
for record unless the privilege or license tax is paid prior to the instrument being offered
for record as provided in subsection (c). (b) No privilege or license tax shall be required
for any of the following: (1) The transfer of mortgages on real or personal property within
this state upon which the mortgage tax has been paid. (2) Deeds or instruments executed for
a nominal consideration for the purpose of perfecting the title to real estate. (3) The re-recordation
of corrected mortgages, deeds, or instruments executed for the purpose of perfecting the title
to real or personal property, specifically, but not limited to, corrections of maturity dates
thereof, and deeds and other instruments or conveyances,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/40-22-1.htm - 9K - Match Info - Similar pages
11-97-18
Section 11-97-18 Exemption from taxation. (a) Every corporation shall exercise its powers
in all respects for the benefit of the people of the state, for their well being, and for
the improvement of their health, welfare, and social condition, and the exemptions from taxation
hereinafter described are hereby granted in order to promote the more effective and economical
exercise of such powers. (b) No income, sales, use, or other excise or license tax shall be
levied upon or collected in the state with respect to any corporate activities of a corporation
or any of its revenues, income, or profit. No ad valorem tax or assessment for any public
improvement shall be levied upon or collected in the state with respect to any property during
any time that title to such property is held by a corporation, including, without limiting
the generality of the foregoing, any time that such property is leased to a provider by a
corporation pursuant to a lease which provides that title to such property...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-97-18.htm - 4K - Match Info - Similar pages
11-62-18
Section 11-62-18 Exemptions of authority - Taxation. (a) Every authority shall exercise
its powers in all respects for the benefit of the people of the state, for their well-being
and for the improvement of their health and social condition, and the exemptions from taxation
hereinafter described are hereby granted in order to promote the more effective and economical
exercise of such powers. (b) No income, excise, or license tax shall be levied upon or collected
in the state with respect to any corporate activities of an authority or any of its revenues,
income, or profit. No ad valorem tax or assessment for any public improvement shall be levied
upon or collected in the state with respect to any property during any time that title to
such property is held by an authority, including, without limiting the generality of the foregoing,
any time that such property is leased to a user by an authority pursuant to a lease which
provides that title to such property shall automatically pass to...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-62-18.htm - 4K - Match Info - Similar pages
45-13-120
Section 45-13-120 Compensation; election; oath and bond; office space, equipment; chief
clerk; powers and duties; issuance of licenses; disposition of funds. (a)(1) Effective October
1, 1991, there is hereby created the office of commissioner of licenses. The salary of the
commissioner of licenses shall be in the amount of thirty-six thousand dollars ($36,000) annually.
The annual salary shall be payable in equal biweekly installments from the general funds of
the county, as all other county employees are paid. (2) The office of commissioner of licenses
shall be established upon the occurrence of a vacancy before October 1, 1991, in either the
office of tax assessor or tax collector, then, in that event, the officer remaining after
the office of revenue commissioner is established, shall be the license commissioner for the
remainder of the unexpired term for which he or she was elected as either tax assessor or
as tax collector, as the case may be, and the license commissioner shall be...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-13-120.htm - 16K - Match Info - Similar pages
40-22-9
Section 40-22-9 Tax upon recording transfer of instrument recorded by exempt institution
- Debt secured by instrument so transferred exempt from ad valorem taxes. If the recording
privilege tax imposed by Sections 40-22-6 through 40-22-11 of this title or by Section
40-22-2 is paid, the debt secured by the instrument so transferred shall thereafter be exempt
from any ad valorem tax, either state, county, or municipal. (Acts 1951, No. 816, p. 1449,
§4.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/40-22-9.htm - 762 bytes - Match Info - Similar pages
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