Ala. Admin. Code r. 810-6-3-.42 - National Farm Loan Associations

National farm loan associations are instrumentalities of the United States and are not subject to sales or use taxes on the property purchased by them for use in carrying on any activity they are authorized to engage in by Federal Law.

Author: Dan DeVaughn


Ala. Admin. Code r. 810-6-3-.42
Filed September 28, 1982.

Statutory Authority: 12 U.S.C.A. 931, Code of Ala. 1975, ยงยง 40-23-4(17), 40-23-31, 40-23-83.

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