Warrants Exempt from Laws Relative to Usury, Interest, Etc

Ala. Code § 40-7-99 — under Title 40.

Ala. Code § 40-7-99

Any warrants issued by a county under the provisions of this division for the purpose of paying the cost of reappraisal of property as required by Division 1 of this article are hereby exempted from the laws of the State of Alabama governing usury or prescribing or limiting interest rates, including, without limitation, the provisions of Chapter 8 of Title 8.

History: (Acts 1975, No. 1129, p. 2223, §1.)