Ala. Code § 11-95-13
Current with legislation from 2024 effective through May 17, 2024.
A corporation 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 as it may at any time be amended.
Ala. Code § 11-95-13 (1975)