Ala. Code § 11-47-229

Current with legislation from 2024 effective through May 17, 2024.
Section 11-47-229 - Exemption from state laws governing usury or prescribing or limiting interest rates

Each authority shall be exempt from the laws of the state governing usury or prescribing or limiting interest rates, including, without limitation, the provisions of Chapter 8 of Title 8.

Ala. Code § 11-47-229 (1975)

Acts 1996, No. 96-320, p. 361, §11.