Ala. Code § 11-89A-17

Current with legislation from 2024 effective through April 4, 2024.

Section 11-89A-17 - Exemption from usury and interest laws

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

Ala. Code § 11-89A-17 (1975)

Acts 1980, No. 80-278, p. 368, §18.