Ala. Code § 45-30-250.13

Current with legislation from 2024 effective through May 17, 2024.
Section 45-30-250.13 - Exemption from usury statutes

The authority now or hereafter organized under this article is exempted from the laws of the state governing usury and prescribing or limiting interest rates, including, without limitation, Chapter 8 of Title 8.

Ala. Code § 45-30-250.13 (1975)

Act 93-376, p. 638, §14.