Ala. Code § 23-7-16
Current with legislation from 2024 effective through May 17, 2024.
This chapter, being for the welfare of this state and its inhabitants, shall be liberally construed to effect the purposes specified in this chapter. However, nothing in this chapter shall be construed as affecting any proceeding, notice, or approval required by law for the issuance by a government unit of the loan obligations, instruments, or security for loan obligations.
Ala. Code § 23-7-16 (1975)