Exemption from Usury and Interest Laws

Ala. Code § 45-8A-20.15 — under Title 45.

Ala. Code § 45-8A-20.15

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: (Act 85-319, p. 239, §16.)