Exemption from Usury and Interest Laws

Ala. Code § 2-3A-12 — under Title 2.

Ala. Code § 2-3A-12

The 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.

History: (Acts 1980, No. 80-586, p. 913, §12.)