Ala. Code § 11-50-319
Current through the 2024 Regular Session.
Each waterworks board now or hereafter organized under the provisions of this article is hereby exempted from the laws of the State of Alabama governing usury or prescribing or limiting interest rates, including, without limitation, the provisions of Chapter 8 of Title 8 of this Code.
Ala. Code § 11-50-319 (1975)