Exemption from Usury and Interest Laws

Ala. Code § 22-21-328 — under Title 22.

Ala. Code § 22-21-328

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

History: (Acts 1982, No. 82-418, p. 629, §19.)