Ala. Code § 11-66A-13

Current through the 2024 Regular Session.

Section 11-66A-13 - Exemption of corridor from usury and interest laws

Each corridor and the contractual agreements and financial obligations of the corridor shall be exempt from state laws governing usury or prescribing or limiting interest rates, including, but not limited to, Chapter 8 of Title 8 of the Code of Alabama 1975.

Ala. Code § 11-66A-13 (1975)

Added by Act 2024-308,§ 13, eff. 5/9/2024.